Gold continues to be caught in a battle around key technical levels
Gold is trading back towards its 100-hour moving average (red line) as buyers wrestle back some near-term control. However, that doesn’t mean all too much considering that price action appears to be stuck in a consolidation phase between $1,830 and $1,860.
Gold is trading back towards its 100-hour moving average (red line) as buyers wrestle back some near-term control. However, that doesn’t mean all too much considering that price action appears to be stuck in a consolidation phase between $1,830 and $1,860.