{"id":11293,"date":"2010-06-29T06:40:51","date_gmt":"2010-06-29T04:40:51","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/11293\/gold-tumbles-but-long-term-uptrend-remains-intact\/"},"modified":"2010-06-29T06:40:51","modified_gmt":"2010-06-29T04:40:51","slug":"gold-tumbles-but-long-term-uptrend-remains-intact","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/11293\/gold-tumbles-but-long-term-uptrend-remains-intact\/","title":{"rendered":"Gold Tumbles but Long-term Uptrend Remains Intact"},"content":{"rendered":"

Gold tumbled on Monday after faltering below the record high of 1266.5 amid profit-taking and limited impacts from G-20's communique and US economic data. The benchmark contract for the yellow metal slumped -1.40% and settled at 1238.6. Downside risk remains for gold in the near-term if there lacks catalyst to push price higher. However, the uptrend remains intact in the long-term as concerns over sovereign crisis in the Eurozone have not abated yet.<\/p>\n

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\nGold Tumbles but Long-term Uptrend Remains Intact<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold tumbled on Monday after faltering below the record high of 1266.5 amid profit-taking and limited impacts from G-20's communique and US economic data. The benchmark contract for the yellow metal slumped -1.40% and settled at 1238.6. Downside risk remains for gold in the near-term if there lacks catalyst to push price higher. However, the uptrend remains intact in the long-term as concerns over sovereign crisis in the Eurozone have not abated yet. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11293","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=11293"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11293\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=11293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=11293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=11293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}