United States Markit Services PMI below expectations (53.7) in January: Actual (53.2)

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Feb 3, 2016

Gold: Bulls look tired, falls back below 200-DMA

Gold bulls appear exhausted after pulling the metal higher by at least $50 since mid-March. Prices have trimmed gains to trade below 200-DMA at USD 1129.40.

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United States Markit Services PMI below expectations (53.7) in January: Actual (53.2)

Gold: Bulls look tired, falls back below 200-DMA

United States Markit PMI Composite down to 53.2 in January from previous 53.7