Gold price sold off nicely on Tuesday in textbook fashion as the technical analysis below illustrates. The yellow metal dropped from a high of $1,970 and melted into a low of $1,935. The fall follows a move up above $2,000 intraday Monday, the highest level since Russia's invasion of Ukraine early last year. Gold prices are pressured with the 10-year government bond rebounding on Tuesday, making it more appealing to hold Treasurys than gold as we head into the Federal Reserve interest rate decision on Wednesday. The central bank is expected to raise interest rates by a quarter-percentage point which could further ... (full story)