Gold Finds Support at 200-day SMA

<p>Gold fails to pierce descending trendline Encounters strong support at 200-day SMA Is bullion headed for a re-test of the crucial barrier? Gold experienced some losses after its advance got rejected at the downward sloping line that connects its recent lower highs. However, the 200-day simple moving average (SMA) capped the pair’s decline, with the short-term oscillators [&#8230;]</p>
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