Gold crashes post ECB, major channel intact

The price of gold dropped like a rock after reaching the 1,728 level. Now, it is trading at 1,708 and it tries to rebound and recover after its massive drop. Still, technically, the bias remains bearish despite temporary throwbacks. XAU/USD rallied after the BOC increased the Overnight Rate from 2.50% to 3.25%. Today, the yellow […]