Gold Tumbles Below $1800, Tests Critical Technical Support
Tyler Durden
Tue, 11/24/2020 – 09:52
As Crypto soars, non-digital-gold is plunging, with futures breaking below $1800 for the first time since July. Since the election and vaccine news, gold futures have crashed from $1960 to $1798…
The big question is, will gold find support at its 200DMA, or is this a systemic breakdown that ignores the future deficit-spending collapse of credibility in the global reserve currency?
As it appears – for now – that digital gold is preferable to real gold…
via ZeroHedge News https://ift.tt/36X9h4g Tyler Durden