Gold Backs Down From Resistance | The Mesh Report

Gold Backs Down From Resistance

Mike Hammer January 25, 2017 0

Gold is retreating from it’s test of recent highs, as investors flock to international stocks.  After hitting 116.11 On Monday, the ETF GLD got up to 116.02 on Tuesday before selling kicked in, ending the day at 115.27.  Barring any large geopolitical shocks, The Gold Enthusiast is looking for gold to retreat a bit more, to recent support at 114 for a start.

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