Gold Challenges Crucial Downward Sloping Trendline

<p>Gold in a congested technical territory, capped by 50-day SMA A decisive close above the trendline could shift the short-term picture to bullish Momentum indicators endorse latest advance Gold has been edging higher in the past few sessions, rebounding strongly from its drop below the 200-day simple moving average (SMA). Furthermore, the short-term oscillators suggest that bullish forces […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/519097-gold-challenges-crucial-downward-sloping-trendline/">Gold Challenges Crucial Downward Sloping Trendline</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *