These Factors Helping Gold Hold Up Near Bottom Of Range

USAGOLD/Allen Sykora/12-05-17

Gold prices are near the bottom end of their two-month-old trading range, but analysts say the precious metal does have a number of factors preventing a further breakdown through chart support, at least for now.

This includes uncertainty about how quickly Congress will reconcile differing versions of U.S. tax reform, the impact of this upon the federal deficit, along with ongoing geopolitical and political issues.

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