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Gold’s Bullish Channel at Risk; Support at 50-SMA

Gold’s Bullish Channel at Risk; Support at 50-SMA
Gold was experiencing a flat trading session around the 1,860 level during Monday’s early European hours after a not-so-encouraging week, which sent the price to a one-month low of 1,852. Specifically, the precious metal could not attract enough buying to crawl back above the support-turned-resistance trendline, edging lower instead to test the 50-day simple moving […] The post Gold’s Bullish Channel at Risk; Support at 50-SMA appeared first on Action Forex... Read More
Posted: Feb 13 2023, 10:25
Author Name: actionforex
Views: 102659

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