Gold remains under pressure as trade optimism remains in place and as some longer-term investors lock in profits.
One of the strongest bullish moves over the past 12-months was gold’s ascent from $1,200 to the $1,500 region. If gold breaks below $1,500 an ounce.
Read More : Commodities Weekly Technical Research Report 18 — 22 November 2019 – Gold Silver Reports
it could get ugly, as concerns grow we could be in an extended low volatility environment until the phase-one deal gets signed. Gold should be supported by global central bank stimulus, but for the charts scream dead-cat-bounce.
