Gold has been out of investors' grace as of late. However, a strong rebound can be spotted today. Gold price bounced off the lower limit of the downward channel and rallied above the $1,800 mark. Other precious metals like SILVER, PALLADIUM and PLATINUM are also booking solid gains today. US dollar weakness is a prime reason behind today's recovery.
Gold recovers above $1,800 after a test of the lower limit of the downward channel. Source: xStation5
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π Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30