Gold Drops $30 as $2K Becomes Resistance!
Gold has fallen over $30 in the previous session as prices move away from the last psychological level. The yellow metal now remains under pressure as PCE and GDP data will give the next signals. So, is this simply a slight correction, or are we looking at a full reversal for the commodity? Timestamps XAUUSD […] The post Gold Drops $30 as $2K Becomes Resistance! appeared first on Orbex Forex Trading Blog.
Gold has fallen over $30 in the previous session as prices move away from the last psychological level.
The yellow metal now remains under pressure as PCE and GDP data will give the next signals.
So, is this simply a slight correction, or are we looking at a full reversal for the commodity?
Timestamps
XAUUSD 01:45
DXY 03:05
The post Gold Drops $30 as $2K Becomes Resistance! appeared first on Orbex Forex Trading Blog.
