Gold Lower; Tests Key Trendline

<p><img width="612" height="344" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-gold115.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-gold115.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold115-600×337.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold115-150×84.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold115-300×169.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Gold is lower again today Holds beneath short-term SMAs Momentum indicators disappoint below mid-levels Gold prices are fighting with the short-term uptrend line, which has been drawn since mid-November, and the 38.2% Fibonacci retracement level of the upward wave from 1,810 to 2,145 at 2,016. Also, the market is failing to surpass above the 20- […]</p>
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