Gold stays below the 100/200 hour MA

Runs to the 50% retracement
The price of gold is trading down about -$18.30 to $1713.65. The low price reached $1709.18. The high was up at $1735.67.  At the highs, the price tested the converged 100 and 200 hour MA (blue and green lines). Failure to extend above each, was the go ahead to sell. The