Gold: Another Week, Another Struggle at $1,900 By Investing.com – Investing.com

  • Date: 12-Jun-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Gold: Another Week, Another Struggle at $1,900 By Investing.com – Investing.com

By Barani Krishnan

Investing.com - The gold speculator, whether bull or bear, may have found the perfect play for now: Buy at near $1,850 and sell well before $1,900.

The $40 to $50 target for each trade may seem like a dumbed-down way to trade gold when a myriad of chart signals and the intersection of Treasury yields and the dollar should be setting the course.