Gold prices have been in a declining movement since the pullback off the 1,786 resistance level; however, the bullish crossover within the 20- and the 50-day simple moving averages (SMAs) are suggesting more upside structure in the short-term. From a technical perspective, the short-term bias is viewed as negative, reflected by the downward move in the […]
The post Gold Poised for Downside Recovery ahead of More Bullish Actions appeared first on Action Forex.
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