It was a tough end to the week for gold bugs which saw the yellow metal plunge 5% from its YTD high. Yet support was found just above the 50-day EMA, and two inverted hammers (with slight bullish closes) show that bearish momentum is waning. It looks as though gold is trying to drift higher […]
The post Is Gold Set for a ‘Sympathy Bounce’ Towards 1900? appeared first on Action Forex.
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