This is Gold - Daily chart: Price is moving within a descending channel and it's making a daily bearish correction,
Price is heading towards the descending trend line and it has the potential to make a bearish continuation move,
The only question is how deep gold can still go as downward spikes like this can be a very bullish sign. Stocks/Oil exploded, but the gold and silver price headed south.Gold could be under pressure this week if recession fears continue to subside. There aren’t many major economic events this week so if there is volatility, it will likely be fueled by unexpected...