Gold Falls from Record High by $100 in 1 Day

<p><img width="612" height="417" src="https://www.actionforex.com/wp-content/uploads/2020/04/f-gold68-e1600277871155.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/04/f-gold68-e1600277871155.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/04/f-gold68-e1600277871155-600×409.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/04/f-gold68-e1600277871155-218×150.jpg 218w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The record high of about USD 2,130 an ounce was set just after the weekend in low-liquid Asian markets. By the nature of the movement, it looked more like a cascading triggering of sellers’ stop losses, rather than finding a stable balance between supply and demand, since after the candle with a long upper tail, [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530351-gold-falls-from-record-high-by-100-in-1-day/">Gold Falls from Record High by $100 in 1 Day</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>