Gold’s Latest Optimism Looks To Restart Positive Picture

<p>Gold&#8217;s fresh confidence is currently pushing off the 1,607 level – that being the 61.8% Fibonacci retracement of the down leg from 1,703.36 to 1,451 – following the recent positive sessions which commenced on April 1 from 1,566. Backing an improving near- and medium-term picture are all the inclining simple moving averages (SMAs) as well [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285490-golds-latest-optimism-looks-to-restart-positive-picture/">Gold&#8217;s Latest Optimism Looks To Restart Positive Picture</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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