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Gold slips towards $2,310 in recent trade

The price action in Gold continues to be inconclusive and after rising to above $2,330 yesterday and close to that level earlier today, the metal has now fallen back to fresh session lows. Gold closed in the US last night at 2,323.97. The high seen earlier today was set at $2,229.94. It has just now fallen to a fresh session low at 2,312.00. There is no news based catalyst for the move, but it could rest with what has now been a series of interim failures above $2,330 since this time yesterday morning. Gold is currently trading at $2,315.50 
 

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