Gold futures Flirt With High Of Move And Retreats

April Gold futures are trading higher by $34 at $1263.80 in Thursday's session. Much the gain took place in the after-hour session following the Fed's decision to leave rates unchanged. The contract soared into the $1960 handle, peaking at $1264.80 be end of the session. Just before 7:00 AM the contract rallied to $1271.90 before falling back into the mid $1960 handle. The current high is just shy of the recent high for the current move that was made on March 10 at $1272.80.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!