Gold Maintains Positive Structure Despite Negative Pressures

<p>Gold appears to be breaching the 1,678 level, that being the 23.6% Fibonacci retracement of the up leg from 1,455.17 to 1,746.95, and the 1,672 inside swing high, following a pullback off the 88-month peak of 1,746.95. The short-term oscillators confirm the recent deterioration in the price. The MACD, deep in the positive region, has [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/288912-gold-maintains-positive-structure-despite-negative-pressures/">Gold Maintains Positive Structure Despite Negative Pressures</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>