Gold gets a reality check as the bounce this week begin to fizzle
Summary
By sueyangfx.com March 12, 2021 at 08:27AM Gold down 0.7% to $1,709 as the dollar comes back into favour The dollar resurgence on higher yields today is the main driver and that puts sellers back in near-term control, although they […]
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March 12, 2021 at 08:27AM
Gold down 0.7% to $1,709 as the dollar comes back into favour
The dollar resurgence on higher yields today is the main driver and that puts sellers back in near-term control, although they need to break back below the 50.0 retracement level of the swing move higher this week @ $1,708 to establish a firmer grip.