Gold slides, down over 1% on profit-taking
By X-blogger - on December 13, 2024
Gold slipped over 1% as investors booked profits after it briefly reached a five-week high earlier in the session and squared positions ahead of a U.S. Federal Reserve meeting next week.
The Gold-Dollar pair fell 1.2% in the last session after a 1.5% intra-session dip. The Stochastic indicator is giving a positive signal.
Support: 2613.5 | Resistance: 2766.9
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