Gold stabilizes near $2,000 following earlier correction
Gold staged a downward correction following last week's rally and declined toward $1,990 early Monday. With the US Dollar coming under renewed selling pressure, however, XAU/USD reversed its direction and advanced toward $2,000, erasing a large portion of its daily losses in the process.
Gold now buy 1999
Target 2003
Target 2007
Target 2012
SL 1988
Gold staged a downward correction following last week's rally and declined toward $1,990 early Monday. With the US Dollar coming under renewed selling pressure, however, XAU/USD reversed its direction and advanced toward $2,000, erasing a large portion of its daily losses in the process.
Gold now buy 1999
Target 2003
Target 2007
Target 2012
SL 1988