Gold is approaching a potential turning point that could decide whether it extends this year's losses or makes a stand that could ​facilitate a recovery. Gold's troubles started early this year when its price rocketed sharply higher but then plummeted rapidly on January 30. Technical analysts refer to such price action as a blow-off top, which often marks the peak of a rally. ​Since then, gold's attempts to recover have been characterized by progressively ​lower highs, a key sign of a bearish trend. Gold's losses have ⁠dragged it down near its 200-day moving average of about $4,394, according to ​LSEG data. Technical ... (full story)