Gold is consolidating between the 1,837 and the 1,868 barriers, which are the 23.6% and the 38.2% Fibonacci retracement levels of the down leg from 1,998 until 1,786. The price is trading above its mid-Bollinger band at 1,848, after finding footing off the 200-day simple moving average (SMA) at 1,840. The SMAs are painting a […]

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