View more in

Gold Price Consolidates Below $1,890 as Risk-On Trading Takes Over

Posted by
 5 days ago
Cover picture for the article

The gold price on Wednesday extended the bear consolidation pattern below the $1,890 level as risk-on trading continued to gather momentum. The price of the yellow metal has now pulled back closer to the trendline support in the ascending channel formation. The yellow metal now trader just above the 100-hour...