Gold popping above the 200-day moving average yesterday was a short-term buy signal but the inability to close above the 200dma (at $1623) is a negative sign. The NY low at $1606 is support with spot at $1609. A break points to $1585, at least.
Gold popping above the 200-day moving average yesterday was a short-term buy signal but the inability to close above the 200dma (at $1623) is a negative sign. The NY low at $1606 is support with spot at $1609. A break points to $1585, at least.
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