Gold Feels the Blues After Record Rally

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<p>Gold starts a new bearish wave after record high A consolidation phase is likely; support at 1,970-1,990 Despite its rocket rally to a new record high of 2,144 last Monday, gold could not successfully remain above the pandemic-era 2,070 bar, which caused a negative trend reversal in 2022 and 2023. The precious metal has been [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531196-gold-feels-the-blues-after-record-rally/">Gold Feels the Blues After Record Rally</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>