Gold Rally Fades Fast As Technical Signals Turn Negative

The gold market abruptly loses momentum. After several weeks of gains and projections beyond $5,000, the yellow metal now shows increasing signs of weakness. The break of a major technical support, combined with rising volatility and the return of selling pressure, revives scenarios of a deeper correction. Investors are now watching the $4,376 level, while some analysts already mention a return towards $3,500. L’article Gold Rally Fades Fast As Technical Signals Turn Negative est apparu en premier sur Cointribune.