TVC:GOLD Gold prices struggled to gain any meaningful traction on Tuesday and hovered in a narrow trading range, just above the 1922$. Meanwhile, GOLD remains within impressive distance of the lows in more than three months hit last Friday and looks vulnerable to staying below the 100-day SMA. In the short term and on the 4-hour chart, GOLD is also neutral, with...
TVC:GOLD Gold price extended its downtrend below the immediate support of 1,930$ during the Asian session. Earlier, the precious metal showed a vertical decline after sliding below the 1,955$ cushion as the US economy was moving closer to default amid a divergence in views on the budget between the two countries. Gold price has turned out of balance after...
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