6.7 C
New York
Friday, March 29, 2024

Gold Tumbles Below $1800, Tests Critical Technical Support

Courtesy of ZeroHedge View original post here.

As Crypto soars, non-digital-gold is plunging, with futures breaking below $1800 for the first time since July. Since the election and vaccine news, gold futures have crashed from $1960 to $1798…

The big question is, will gold find support at its 200DMA, or is this a systemic breakdown that ignores the future deficit-spending collapse of credibility in the global reserve currency?

As it appears – for now – that digital gold is preferable to real gold…

Is Benoit back?

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x