Thu, 28 Sep 2023 16:03:35 GMT
Gold plummets and breaks pattern
Gold has extended its decline. Moreover, it has broken the channel down pattern. By mid-Thursday it appeared that the commodity price could reach the 1,850.00 level. In general, the metal's price has not been this low since March.
The ongoing decline could look for support in the February and March low levels at 1,805.20/1,808.90. However, the 1,850.00 mark or