Gold prices are down almost 2% this morning – the biggest drop since Nov 2016, breaking below the key $1300 level, down to 6-month lows.
In fact Gold has fallen to the same level it was at right before its spiked on Trump’s election…
Having traded around $1300 for a month, heavy v9o0lume broke it below 2018’s lows and $1300 support…
What is most interesting is the last few days have seen Yuan and Gold trading very much in sync, but as yesterday’s trade-war headlines started to strike, Yuan tumbled – but gold held in there… until just now!
via RSS https://ift.tt/2sYZGXC Tyler Durden