Gold Price Could Extend Decline Below $1,550

<p>Key Highlights Gold price is struggling to climb above the $1,620 and $1,640 resistance levels. A major bearish trend line is forming with resistance near $1,616 on the 4-hours chart of XAU/USD. The US ISM Manufacturing PMI decreased from 50.1 to 49.1 in March 2020. The US Factory Orders could increase 0.2% in Feb 2020 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/284473-gold-price-could-extend-decline-below-1550/">Gold Price Could Extend Decline Below $1,550</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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