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Gold Finds Support Near 20-day SMA and Holds Above 2,000

Gold Finds Support Near 20-day SMA and Holds Above 2,000
Gold is finding a strong support level near the short-term 20-day simple moving average (SMA) and remains well above the 2,000 level, confirming the long-term upside structure. The RSI is pointing north above the neutral threshold of 50, while the MACD is losing some momentum beneath its trigger line in the positive region. Should the […] The post Gold Finds Support Near 20-day SMA and Holds Above 2,000 appeared first on Action Forex... Read More
Posted: May 15 2023, 07:52
Author Name: actionforex
Views: 110980

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