Gold moves to new session low and below trend line support
Tests 100 hour MA
The price of gold is extended to a new session lows and in the process has moved below a trendline at $1719.61 (and has stayed below that level). The price is also moved below its 100 hour moving average currently at $1713.50. The low price for the day reached $1708.37. We currently trade right around the
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