Gold Remains Supported But Bulls Need Break of Pivotal Barrier to Resume

Spot gold regained traction and rose on Friday, following a shallow dip in past two days. Near-term action has established above 200DMA that adds to bullish near-term bias, however it is still ranging between 200DMA ($1839) and $1867 (Fibo 38.2% of $1998/$1786). The metal is on track for the second consecutive bullish weekly close, inflated […]

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