Gold prices tumbled Monday morning, falling below $1,900 an ounce as stocks sold off across the board. And, according to Credit Suisse, there is a chance that gold's plunge is not over until a low of $1,765 an ounce is hit.
The technical level to watch is if $1,897-37 an ounce holds. At the time of writing, December Comex gold futures were down a shocking 3.31% on the day and trading at $1,897.10 an ounce.
whats next?
9/22/2020
Coronavirus Aid, Relief, and Economic Security Act
Chair Jerome H. Powell
Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.
10:30 am
The technical level to watch is if $1,897-37 an ounce holds. At the time of writing, December Comex gold futures were down a shocking 3.31% on the day and trading at $1,897.10 an ounce.
whats next?
9/22/2020
Coronavirus Aid, Relief, and Economic Security Act
Chair Jerome H. Powell
Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.
10:30 am