November 13, 2023 Gold Prices Experience Retreat After Failed $2,000 Breakout
Summary
- Gold prices retreated from the $2,000 per ounce threshold due to a lack of market-moving events.
- Traders and investors locked in profits and exited long positions, resulting in a net selling trend..
- Gold prices faced significant declines, shedding around $20 per ounce, and closed the week around $1,935 per ounce.
Who is Patrick MontesDeOca ?
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VC Price Momentum Indicator