Gold rally fizzles out. Rotates back toward MAs. Buyers hanging on to some control

Traded to the highest level since April 27 but not by much . Above 100 and 200 hour MAs
The price of gold moved higher in trading earlier the day reaching a high price of $1723.13. That was good enough to take out the recent highs from May 1 and yesterday at around $1721.68. However, the rise stalled short

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