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Gold Maintains Sideways Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Gold prices attempted to skyrocket again on Thursday; however, by the end of American market session the bears managed to push the bullion down to 1,232 and below the 20-day SMA. Intraday peaks were in turn reaching the 1,240 area. The metal's mid-term intentions are still unclear, because it seems[​IMG]

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