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Gold Hovers Around 200-day SMA, Diverging Signals Arise

Gold Hovers Around 200-day SMA, Diverging Signals Arise
Gold had been trading within a descending channel for the most part of 2022 but managed to stage a moderate rebound since early November. Even though bullion has recovered significant ground, its recovery seems to be on hold as the price failed to profoundly surpass the 200-day simple moving average (SMA). The fact that gold is stuck […] The post Gold Hovers Around 200-day SMA, Diverging Signals Arise appeared first on Action Forex... Read More
Posted: Dec 19 2022, 09:19
Author Name: actionforex
Views: 112287

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