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 is taking it easy amid a strong risk-on rally that is pushing equity markets to record highs.

The risk-on sentiment comes on optimism on the developments for the treatment of the virus.

Price action is supported near the minor price level of 1927. A close below this level could signal a move down to 1880.90 which marks the mid-August lows.

Price action could see a rebound off this level which could put it into a sideways range.

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

The post Gold Prices Weaker As Equities Hit Record Highs appeared first on Orbex Forex Trading Blog.

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

Tagged on: