Gold edged higher on Wednesday after cracking important $4500 support zone (50% retracement of $4099/$4889 rally / recent higher base) which provides significant headwinds to larger bears. Partial profit-taking on oversold conditions / eased tensions in the Middle East on the latest narrative from US officials about potential peace agreement, keep bears temporarily on hold, […]
The post Gold – Bears Take a Breather at Key Support Zone But Still Hold Grip, Geopolitics Remain in Focus appeared first on ActionForex.
