The Price of Gold Continues Sliding. Investors Should Monitor These Critical Levels
Yahoo Finance·2025-10-28 21:01
Source: TradingView.com Key Takeaways Gold's retreat from its recent record high accelerated on Tuesday, with profit-taking weighing on the precious metal after strong gains in recent months. The commodity's retracement coincides with the relative strength index recently dropping below its neutral threshold, signaling waning bullish momentum and raising the possibility of a deeper short-term pullback. Investors should watch critical support levels on gold's chart around 3,720 and $3,450, whi ...