Gold Reclaims 200-day SMA After Bouncing Off 5-month Low

<p>Gold had been experiencing a strong pullback following its recent peak at 1,987, with the price falling to a fresh five-month low of 1,884. However, bullion managed to find its footing and recoup some losses, jumping back above the crucial 200-day simple moving average (SMA). The momentum indicators currently suggest that bearish forces are fading but remain […]</p>
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