Gold tests 200/100 hour MAs. Look for support buyers
100 and 200 hour MA come in at $1402.73-$1406.04
The price of gold is moving lower with the higher dollar today. IN the process, the contract is testing its 100 and 200 hour MAs at $1402.73- $1406.04 area. The low just reached $1404.48.
I would expect buyers to lean against the area with stops on a break below