Gold Prices Erase Russia-Ukraine Move Higher
May-10 15:57By: Edward Hardy
Oil Bullets+ 1
- Gold prices slip further in recent trade, putting spot through the earlier lows to touch $1842.2 - this is the lowest print for the metal since February and has now erased the entire move higher posted since the Russian invasion of Ukraine.
- The 200-dma undercuts as support here ($1836.7) but weakness below that level opens $1828.42, the 76.4% retracement of the Dec - Mar rally.
