Gold has perked up in the past few minutes, rising a few dollars to $2430. That comes after a large gain yesterday and a series of higher lows over the past month. Those are reasons for optimism.However the main feature on the daily chart is a double top near $2475.So higher lows vs a double top? Where do I come down?A couple things sway me towards the bullish camp.1) The pattern may be more of a consolidation from $2360-$2475 than a double top. 2) Speculative position was washed out.Gold had a rough ride late last week and on Monday as global markets turned ugly. I've often highlighted that gold does well when things are bad but not when they're really bad. That was the case Monday as the N
Hence then, the article about gold failed twice at 2475 time for a third try was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Gold failed twice at $2475... time for a third try? )