Gold reverses early gains and slumps into negative territory

  • Gold now down $10 on the day
gold 10 mins
gold 10 mins

The early enthusiasm in all markets have faded.

Gold has been caught in that, as a $45 gain has turned into a $10 loss, with the selling accelerating as it went red.

When you zoom out, the chart continues to show consolidation right around the $4100 level. I think we might need some clarification on the Fed stance, the next Fed Chairman and the Supreme Court decision on tariffs to trigger the next move.

gold daily chart
gold daily

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