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Gold Prices Drop as Dollar Strengthens

Discussion in 'Technical Analysis' started by Daily.Forex, May 25, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    Gold prices fell 1.77% on Tuesday, extending their losses to a fifth straight session, as interest rates talk and a friendly risk environment provided better investment opportunities elsewhere.

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    Gold is currently testing 1224, a breakout below that level could lead to a further drop to 1200.
     

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