Gold Price Today: Why $4,000 Is the Level Everyone Is Watching
Photo: CaptainAltcoin
Gold has now broken below the psychological $4,000 level, which extended one of its weakest stretches in months . Spot gold fell to roughly $3,975 during the latest session before hovering close to $4,000 again. That leaves the metal sharply lower for the week and puts the market at a level traders are watching very closely. Rob Mirlach argues that $4,000 is now the line that could determine whether this move was simply a violent flush or the start of a deeper correction.
Source: CaptainAltcoin
