Gold still vulnerable despite Friday bounce
Gold prices are slipping a little today but nothing has really fundamentally changed, with the yellow metal spending much of last week bouncing around in a very tight range between $1,450 and $1,460. It eventually broke above here but that didn’t last long and we’re already back below $,1460. Gold continues to look vulnerable to a break below $,1440 will which draw attention back to $1,400.
Gold prices are slipping a little today but nothing has really fundamentally changed, with the yellow metal spending much of last week bouncing around in a very tight range between $1,450 and $1,460. It eventually broke above here but that didn’t last long and we’re already back below $,1460. Gold continues to look vulnerable to a break below $,1440 will which draw attention back to $1,400.
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