Poor economic data released yesterday encouraged Eurozone buying the dollar and, because of its inverse correlation, gold selling. The gold price has broken the important support and short-term $ 1,400 is very possible that the downward trend will continue and that the price to a minimum again recorded last April $ 1,321.
Poor economic data released yesterday encouraged Eurozone buying the dollar and, because of its inverse correlation, gold selling. The gold price has broken the important support and short-term $ 1,400 is very possible that the downward trend will continue and that the price to a minimum again recorded last April $ 1,321.
May 16
PRECIOUS ARGYOR (AMPSA)