XAU/USD Re-Tested 200-Hour Sma

<p>Yesterday, the XAU/USD exchange rate declined to the 200-hour SMA near 1,575.00. During Wednesday morning, the rate reversed north from the given support. On the one hand, it is likely that the price for gold could recover from the recent drop. In this case the exchange rate would have to surpass the 55– and 100-hour […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/284376-xau-usd-re-tested-200-hour-sma/">XAU/USD Re-Tested 200-Hour Sma</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>