Gold takes it on the chin after rally fails. Can the price momentum break out of the range? - ConsultFX

Gold takes it on the chin after rally fails. Can the price momentum break out of the range?

Back  below $1200 again. Gold is trading down about -$9 or $10 on the day. That has taken the price back below the $1200 level.  We currently trade around $1198 as I type.