Gold Increasingly Bullish in Short Term, Reaches 100-period SMA

Gold extends rebound, tries to overtake 100-period SMA But risk that rally is becoming overstretched Gold climbed to a near two-week high on Wednesday, briefly hitting 1,874.65, as the rebound from the seven-month low of 1,810.31 continued to gain traction. The momentum indicators point to an ongoing positive bias in the short term, but there […]

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