Gold Fails Again to Clearly Break Strong $4120/00 Support Zone

Gold bounced from dangerous zone on Thursday to fully reverse post-US CPI drop and fade immediate risk of eventual clear break below pivotal ($4120/00 support zone). The metal price fell on hotter than expected US inflation in September that initially boosted bets for more aggressive Fed’s stance on monetary policy, but following comments from Fed […] The post Gold Fails Again to Clearly Break Strong $4120/00 Support Zone appeared first on ActionForex.