Gold price tumbles $40, will it collapse back to $1,700? Watch these warning signs - Jim Wyckoff

Gold price tumbles $40, will it collapse back to $1,700? Watch these warning signs – Jim Wyckoff

Gold fell 2% on Thursday, but this is just reflective of routine profit taking, said Jim Wyckoff, senior analyst of Kitco News. Importantly, the U.S. dollar has moved up on Thursday’s session, likely as a consequence of having fallen for…

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