Daily Report : Gold suffers its 1st real test of its long-term trend

Jason Goepfert

Published: 2020-12-01 at 17:32:03 CST

Gold has crossed below its 200-day average for the first time in nearly 9 months. It has also suffered its deepest pullback since 2016 when it had recently been at a new high. This kind of behavior has generally led to higher prices for gold, and for gold mining stocks.

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Daily Report : Gold suffers its 1st real test of its long-term trend

Jason Goepfert

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