Forex
Beware of the triple top in gold

2025-11-12 00:54:00
Gold has caught a bid again after weaker US jobs data on Tuesday
- investingLive Americas market news wrap: Weekly ADP employment cools
The expectation is that the cooling jobs data ratchets up the chance of a Fed rate cut.
Gold caught a bid.
Checking out the chart you can see a clear top just above where we are.
I suspect it won;t hold for long. Gold seems to be back in favour!
This article was written by Eamonn Sheridan at investinglive.com.



