Gold Meets Uptrend Line in Negative Mode

<p><img width="507" height="337" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-gold22.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Gold eases beneath 20-day SMA MACD and stochastic indicate more losses Gold is challenging the medium-term ascending trend line near 2,030 after the sell-off that started from 2,088. The crucial support level for traders to have in mind is the 38.2% Fibonacci retracement of the upward wave from 1,810 to 2,145 at 2,016, where the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534363-gold-meets-uptrend-line-in-negative-mode/">Gold Meets Uptrend Line in Negative Mode</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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