The downtrend in gold is resilient and even though it has managed to hold up from the end of last year to the beginning of this there should be room for more downside yet. A break of the $1080/oz level could see a drop into support at $1047/oz.
from Tools feed https://www.tradingfloor.com/posts/gold-has-issues-and-its-ripe-for-a-drop-6921885?utm_medium=tf4-feed&utm_source=extract
Gold has issues and it's ripe for a drop
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