Gold falls to three-week low, breaks 55-day moving average

Discussion in 'Technical Analysis' started by ForexLive, Aug 24, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Gold technical analysis Gold is down $13 today in the worst decline since August 5. In the medium-term, the outlook is largely unchanged. Gold appears to be in a consolidation phase after a great run to start the year. Uncertainty about global central bank dovishness has stalled the move.

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