The US Dollar has not been particularly strong of late, but a trader might not know that by looking at a chart of Gold prices as the yellow-metal has been plummeting so far this week, extending a move that began around last week’s Wednesday releases of the ECB rate decision and FOMC meeting minutes. Going into that outlay, Gold prices had remained strong, angling-up for a test of Fibonacci resistance at 1310.53. But, since then, it’s been largely a one-way show as Gold price action first staged a re-test of key 2019 support, and this was from a zone that’s been holding the lows in Gold since January. That support ... (full story)