Gold markets gapped lower to kick off the Wednesday session, and then sliced through a ton of support.
Enter your emailUltimately, this is a market that still remains very range-bound but erratic, which is a horrible way to trade this time a year.markets gapped lower to kick off the Wednesday session, and then sliced through a ton of support.
more than anything else. As you saw during the day on Wednesday, you can get sudden and erratic moves, only to see the whole thing turn around in your face.The $1800 level seems to be a bit of a magnet for gold markets, but we have been all over the place the last couple of days and I do not think you can trust much. On Tuesday, I thought for sure we were breaking out and we were going to finally slice above the $1820 level. However, in a span of about 15 minutes,markets lost something like $35.
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