So much for breaking out - that was very short lived.
That is now the fifth attempt to break the long term resistance that was met with failure.
With the USD & Bond Yields heading higher there will be pressure on gold to head lower.
Reproduction, in whole or in part, is authorized as long as it includes all the text hyperlinks and a link back to the original source.
The information contained in this article is for information purposes only and does not constitute investment advice or a recommendation to buy or sell.