Gold’s Safe-Haven Appeal Fades on Signals of US Economy Gradual Restart

<p>Spot gold extended pullback from new multi-year high ($1747) on Friday to initial support at $1683, marked by rising 10DMA. Fresh bears were so far held here and the price edged higher on weaker dollar, but outlook remains negative and sees risk of deeper correction. Announcement of US President Trump of gradual restart of the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/288115-golds-safe-haven-appeal-fades-on-signals-of-us-economy-gradual-restart/">Gold’s Safe-Haven Appeal Fades on Signals of US Economy Gradual Restart</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *