Gold Tests Nearby Support; Outlook Discouraging
<p>Gold is repeating yesterday’s test of the descending line at 1,926, which helped the price stay afloat above the three-month low of 1,934. Sentiment remains poor in the four-hour chart. The RSI is hovering around its 30 oversold mark, increasing speculation that the price could change direction to the upside soon, but the downturn in […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/506842-gold-tests-nearby-support-outlook-discouraging/">Gold Tests Nearby Support; Outlook Discouraging</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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