Gold – Break Below 1625 Opens up Key Support in 1525-1530 Area

Falling Channel: Gold price continued to fall within a falling channel as seen in the daily chart. The RSI reading has been tagging 30, and holding under 60, a sign of persistent bearish momentum. Entering the 2/15 US session, gold is testing its Dec low near 1625. Gold has been trading sideways…

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Gold – Break Below 1625 Opens up Key Support in 1525-1530 Area

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