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Gold continues to look heavy on the week

I probably don't have to keep hammering on this subject but the chart is certainly one of the more interesting ones to watch so far this week. Gold had held on to its 100-day moving average (red line) for a few weeks now and for that to give way, is stirring up some added downside momentum in the past few sessions.The mood is looking heavy and while we haven't seen a quick run lower in prices yet, it may just be a matter of time.Sellers are starting to exert their force and a trip to $1,900 next... Read More

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Content Topics

Gold

Continues

Look

Heavy

Week

Forex

Posted: Jun 22 2023, 05:07

Author Name: forexlive

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