Gold at 200SMA

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Gold is finding support at 200SMA. what will do next? that is the question. Current action may be a retest of the MA before another leg to the upside but we can only suspect that if we see a close below recent pivot high. Until then, I am neutral on gold.

٥ مايو ٢٠١٧

ملاحظة

1227 zone (bottom of the overbalance box keeps support for the time being. Interesting place to watch