Gold Price Outlook Mired by Failure to Push Above 50-Day SMA - DailyFX
8/3/2022 12:00:00 AM2 years 9 months ago
by David Song
by David Song
The price of gold may track the negative slope in the 50-Day SMA ($1791) as it fails to push above the moving average.
Gold Price Talking Points The price of gold snaps the series of higher highs and lows from last week as it pulls back from the monthly high ($1788), and the precious metal may track the negative slo… [+2251 chars]
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