Last Updated Date: 27 May 2021 @ 6:38 AM (UTC) *Please note that all the dates are in GMT time zone
Gold was down on Thursday morning in Asia after hitting a four-and-a-half month high hit in the previous session as investors await key economic data in the U.S. to be released later in the day.
The market is signaling a short term turnover and calls for pressured action to attack 1886.0. A close under 1886.0 calls for a drop to 1847.0. Any corrective action contained inside last Tuesday’s range will remain setup for selloff.