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Gold meets 200-period SMA, which acted as strong support line Stochastic dives to oversold region and MACD falls below trigger line Gold prices are edging lower, beneath a short-term ascending trend line, meeting the 200-period simple moving average (SMA) at 2,026.60, which is ready to post a bullish cross with the 50-period SMA in the 4-hour chart. […]

The post Gold Tumbles Below Short-Term Uptrend Line appeared first on Action Forex.

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