Gold turns lower after failure to break February high

Double top in gold?

Gold is coming under some heavy, quick selling pressure as some risk trades reverse.

Gold is down $25 quickly to $1642 in a 1.6% drop.

Double top in gold?

Gold was hit by a liquidation trade last week and I expect we will get periodic continued episodes. We touched above the Feb high earlier today but only momentarily.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access