Gold Price Bounces Back Above Critical Support but Outlook Remains Bearish
November 21, 2015 at 15:41 PM EST
The gold price fell through important support at $1,072, the 2015 low, during the past week. It dropped all the way to $1,062, marking the lowest price per ounce since early 2010. However, gold bounced back above the $1,072 support level and closed the week at $1,076. The RSI momentum indicator shows that gold had become […]
