Monday, December 17, 2018
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Gold 17/12/18 | EconAlerts

Technical Analysis – Gold creates bearish retracement

Gold creates bearish retracement; stays bullish in the medium-term. Gold prices completed two consecutive bearish days in the preceding week and retained a negative correction mode, following the pullback on the five-month high of 1250.44. The yellow metal holds beneath the 20- and 40-simple moving averages (SMAs) in the 4-hour chart, however, the

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