Gold Sees Rising Upside Risks From 100-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, May 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Prices of gold continued to slide down for the sixth consecutive day on Wednesday. However, after probing the 1,218 mark, which is placed just above the weekly S2 and 100-day SMA, the bullion decided to pull back and finish the session at 1,223. Risks of an upward correction are growing,[​IMG]

    Continue reading...

Share This Page

free forex signals