Gold Down on Rallying U.S. Dollar but Technically in a Good Place

Kitco News – Gold prices ended the U.S. day session lower Tuesday, as a rallying U.S. dollar index is prompting selling pressure in gold and silver markets. However, senior market strategist, Todd ‘Bubba’ Horwitz of the Adam Mesh Trading Group, said that the metal is looking ‘pretty good.’ ‘Yesterday we had weak dollar and strong euro currency, today we have the opposite.

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