Gold price is 'smelting' below $1,700 and just $20.00 away from key weekly pivot.
Gold price is down 0.85% at $1,696,84 as the US dollar strengthens which left XAUUSD for December delivery down US$10.40 to US$1,717.70. Still, the spot gold price is below the psychological threshold and traders are eyeing a move to the weekly pivot of $1,676.
Gold price is down 0.85% at $1,696,84 as the US dollar strengthens which left XAUUSD for December delivery down US$10.40 to US$1,717.70. Still, the spot gold price is below the psychological threshold and traders are eyeing a move to the weekly pivot of $1,676.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.