Gold could not sustain its bullish power above the 1,795 ceiling despite its flash spike to 1,807 on Wednesday, with the price retreating below the upward-sloping channel instead to reach a low of 1,783 early on Thursday. While the negative breakout has raised the odds for more downside, the precious metal might have another opportunity to […]
The post Gold Abandons Bullish Channel, But Confirmation Required appeared first on Action Forex.
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