the daily moo

Gold falls below critical level as signs point to steeper drop


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While the US technology sector rebounded over night, lifting the overall market, the price of gold did not. It is now well below US$4400 an ounce – a critical support level – with signs indicating further decline ahead is likely. In unison, we've seen significant drops in gold stocks across North America and the Asia-Pacific region.

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the daily mooBy Moomoo Australia & New Zealand