This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


The precious metal gave up nearly half the gains from the previous day.

After rising briefly above the 1800 level, gold prices are down about 0.5% on Thursday.

Currently, price action is challenging the 1800 level. Given the psychological importance of this level, we could see some consolidation taking place.

A close below 1800 could accelerate the declines down to the 1786 level where support could be established.

Test your strategy on how gold will fare with Orbex - Open your account now. 

The post Gold Prices Slide After Testing 1800 appeared first on Orbex Forex Trading Blog.

To keep reading this article, please navigate to: Orbex Forex Trading Blog.

Tagged on: