HomeLive CommentsGold dips to 1817, decline slowing a bit but no bottoming yet

Gold dips to 1817, decline slowing a bit but no bottoming yet

Gold edged lower to 1817.05 in Asian session but selloff appears to be slowing a little bit. Though, bias will remain on the downside as long as 1865.40 minor resistance holds. Current fall from 1959.16 is seen as another falling leg in the corrective pattern from 2075.18. Break of 1819.05 would target 1764.31 support and below.

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