Gold price drops below $1,980 on strong US GDP data
Gold price is off the weekly highs, extending the correction below $1,980 on stronger-than-expected US Q3 GDP report. The US economy grew at an annualized pace of 4.9% in Q3, beating forecasts of 4.2%. The US Dollar holds higher ground on upbeat US data.
Gold now 1980
Target 1984
Target 1988
Target 1995
Sl 1960
Gold price is off the weekly highs, extending the correction below $1,980 on stronger-than-expected US Q3 GDP report. The US economy grew at an annualized pace of 4.9% in Q3, beating forecasts of 4.2%. The US Dollar holds higher ground on upbeat US data.
Gold now 1980
Target 1984
Target 1988
Target 1995
Sl 1960