Gold accelerated sharply higher last week, propelled in part by the significant decline in US treasury yields on Friday. Technically, the key question now is whether the bounce from 1972.86 signifies the commencement of long-term uptrend resumption, or merely constitutes the second leg of the medium term corrective pattern from 2134.97. For now, favor is […]
The post Gold may lose momentum above 2100 despite strong rally appeared first on Action Forex.
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