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Gold Futures Off Lows of the Day

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Technical Alert: December Gold Futures Test Lower-End Of 10 Day Trading Range
Bullishness Getting To Extreme Levels
Metal Logic (Seeking Alpha)

After finding resistance ahead of Monday's high (1361.80), trading as high as 1360.40, Gold futures reversed course and breached Monday's low (1346.10). The contract, which traded as low as 1339.80, has recovered and is consolidating mid-range for the session.

Posted-In: Futures Technicals Commodities Intraday Update Markets Trading Ideas

 

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