If these key gold price levels fail, expect accelerated near-term selling – TD Securities - kitco.com

If these key gold price levels fail, expect accelerated near-term selling – TD Securities - kitco.com

Source: kitco.com

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DW NOTE

TD Securities issued technical levels for gold traders. Gold is down 17.3% from its January high. The Strait of Hormuz is still functionally closed, Russia is bombing cities, and oil is above $100. If the metal of last resort can't hold technical support during sustained geopolitical chaos and energy rationing, it's not a safe haven — it's just a commodity with good PR.

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