Gold has been trending downwards since early March when the price peaked at the 19-month high of 2,070. Although the price managed to halt its decline and currently experiences a consolidation phase, the technical picture seems to be deteriorating for the precious metal. The momentum indicators suggest that bearish forces continue to hold the upper hand. […]
The post Gold Extends Sideways Move But Downside Risks Remain appeared first on Action Forex.
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