XAUUSD, Daily Gold breaks under key support on the daily char | A1 Trading Forex Analysis
XAUUSD, DailyGold breaks under key support on the daily chart and finds momentum to the downside. The metal moves relatively close to the S&P and looks to be reacting to the rise in bond yields. Possible long trades could be made on that falling trend line although gold suggests a downtrend has started.
- Frank
