Published: 2018.08.17. Gold Review: Struggles to register any meaningful recovery, remains vulnerable

Gold Review: Struggles to register any meaningful recovery, remains vulnerable - Preview

Gold extended its consolidative price action through the mid-European session and is currently holding with modest daily gains around the $1177 region.

 

The commodity failed to capitalize on previous session's goodish rebound from 19-month lows and has been oscillating in a narrow trading range over the past 24-hours or so, despite a combination of supporting factors.