Gold Price Consolidating Below $1,960 Ahead of Breakout

The US data could be decisive later today. Taking out the R3 could bring us new longs. The current sideways movement is seen as a bullish formation. The gold price moves sideways in the short term, trying to attract more buyers before jumping higher. The metal is priced at around $1,959 at the time of … Continued The post Gold Price Consolidating Below $1,960 Ahead of Breakout appeared first on Forex Crunch.

Gold Price Consolidating Below $1,960 Ahead of Breakout

The US data could be decisive later today. Taking out the R3 could bring us new longs. The current sideways movement is seen as a bullish formation. The gold price moves sideways in the short term, trying to attract more buyers before jumping higher. The metal is priced at around $1,959 at the time of … Continued

The post Gold Price Consolidating Below $1,960 Ahead of Breakout appeared first on Forex Crunch.