Gold Price Outlook Mired by Failure to Defend March Low - DailyFX
4/27/2022 12:00:00 AM3 yearsago
by David Song
by David Song
Failure to defend the March low ($1890) raises the scope for a further decline in the price of gold as it trades below the 50-Day SMA ($1939) for the first time since February.
Gold Price Talking Points The price of gold clears the March low ($1890) as it trades to a fresh monthly low ($1882), and the precious metal may face a further decline over the coming days if the fo… [+2770 chars]
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