Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
Gold prices continued to fall last week, approaching a support level at $1,675.00 per ounce.
Gold prices broke down below their 50-day moving average, closing the week at $1,728.80 per ounce.
Gold prices continued to consolidate around the center of a large pennant formation on the weekly chart, closing the week at $1,777.40 per ounce.
Gold prices continued to consolidate around $1,800 per ounce, closing last week at $1,823.20 per ounce.
Gold broke down last week, testing January’s low at $1,800 per ounce before rallying back to close at $1,800.30 per ounce.