Gold Price Starts Corrective Decrease, $1,680 Holds Key

<p>Key Highlights Gold price started a strong downside correction from a multi-year high at $1,765. There was a break below a major bullish trend line at $1,720 on the 4-hours chart of XAU/USD. The US Gross Domestic Product is likely to contract 4.8% in Q1 2020 (Preliminary). The US Initial Jobless Claims in the week […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298569-gold-price-starts-corrective-decrease-1680-holds-key/">Gold Price Starts Corrective Decrease, $1,680 Holds Key</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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