Gold Collapses Towards 1,800, Stuck in Oversold Conditions

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-gold7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Gold posts eighth straight daily loss, touching its lowest levels since March Decline shows no signs of easing, widening Bollinger bands point to high volatility Oscillators deep in oversold zone for quite some time, bulls remain on the sidelines Gold has been in a steep downtrend after violating both its 50- and 200-day simple moving averages (SMAs). Even though the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/521723-gold-collapses-towards-1800-stuck-in-oversold-conditions/">Gold Collapses Towards 1,800, Stuck in Oversold Conditions</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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