Analyst: Gold Faces 'Test' Moment, But Not At a Nadir Yet

BlockBeats News, March 19th, BullionVault analyst Adrian Ash stated: "The timing of future central bank rate cuts will be further delayed. From a technical perspective, this is unfavorable for gold. However, gold still faces dual competition from buying and selling pressure." Although he pointed out that this is a "test" moment, he did not define it as a price trough. (FX168)