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Will Gold Prices Fall Further?
Gold prices remain under pressure midweek following a heavy reversal lower yesterday. The recovery in USD and broader risk sentiment linked to softening US/China tensions has seen a heavy covering of long positions in gold futures. The squeeze has seen the market dropping around 8% in the last 24 hours. With USD poised to continue higher this week the correction lower in gold could have deeper to run. On the US/China front, there is optimism going into scheduled meetings between US and Chinese negotiators this week. The talks are aimed at delivering a deal ahead of the upcoming Nov 10th deadline for the current trade ... (full story)
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- Oct 22, 2025 10:59pm Posted byTechnical Analysis309
