Gold falls on the slowdown of the global economy

Note: This section contains information in English only.
Source: Forexpros

On Monday, gold prices were lower, following the disappointing figures of the Chinese manufacturing activity and the U.S. and Japanese sentiment data. On the NYMEX, December delivery for gold traded at $1,768.65 per troy once, which was a 0.30% decline for the Asian trading session. The support was likely to be at $1,755.35, while the resistance was prone to be at 1,785.65.

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