Gold Storms to Record High Before Surrendering Intraday Gains

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<p>Gold posts a fresh all-time peak of 2,142 on Monday But fails to hold onto its gains, falling back below April high Momentum indicators point at an overstretched advance Gold had been in a steep uptrend since November 10, when the price bounced off the crucial 200-day simple moving average (SMA). On Monday, bullion recorded a fresh […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530164-gold-storms-to-record-high-before-surrendering-intraday-gains/">Gold Storms to Record High Before Surrendering Intraday Gains</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>