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Will Gold's Resurgence Survive the Week Ahead?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The precious metal has had a mixed few weeks as the precious metal appears to be seemingly disconnected with the current market turmoil. However, the week ahead is likely to be a critical one as the yellow metal faces a slew of US economic data and China unrest. Last week saw Gold closing lower despite a spike late in the week, fuelled by a lacklustre US Retail Sales and PPI result, which fell -0.1% and -0.2% respectively. Given that the metal saw some sharp gains in the prior week the market

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