Gold trading - $1300 danger of entering a bearish trend
Gold trading – $1300 danger of entering a bearish trend
Gold Trading Danger of entering a bearish trend.
Gold trading, this market is in a precarious position as buyers haven’t been able to break the 1365 resistance and have now fallen back to support close to the $1300 range.
Price action is favoring the sellers and the 200 MA (200 day moving average) is the support. Technical traders are watching this for a break down and a continuation of the…
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