Gold Fails to Break Resistance in Risk-On Market Environment

Wait 5 sec.

Gold had been climbing steadily despite the overall risk-on sentiment this week. However, this morning’s stronger-than-expected Non-Farm Payrolls report failed to give the safe-haven asset any additional lift. The rejection at higher levels suggests a lower likelihood of a retest of the all-time highs, which remain at $3,500 – although with this year’s volatility, everything […]The post Gold Fails to Break Resistance in Risk-On Market Environment appeared first on Action Forex.