XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Gold Encounters 100-Day SMA, Faces Downside Risks

Discussion in 'Technical Analysis' started by Kaitlin, Jan 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,328
    Likes Received:
    0
    Gold spent another market session in a confident uptrend, as investors attempted to decrease risks in the wake of equity market selloff. A flight to safety pushed XAU/USD as high as 100-day SMA and monthly R2 at 1,107. Positive US fundamentals later on Friday and stock market's stabilization could result[​IMG]

    Continue reading...
     

Share This Page

Trade indices Online