Gold rallied strongly this past week as weak US economic data helped send the dollar lower. After finding resistance above $1350 profit taking once again emerged following yesterday's lack of action by the ECB. This helped weaken the dollar further but as bond yields rose gold stumbled.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/gold-looking-for-support-after-ecbs-inaction-8051040?utm_medium=tf4-feed&utm_source=extract
Gold looking for support after ECB's inaction
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