Technical Analysis – Gold persists sideways as 1,800 border contests gains

Gold is slipping below the mid Bollinger band, which has merged with the 50-period simple moving average (SMA) around 1,780 but the last two weeks of price action remain confined between the limits of 1,756 and 1,800. The 100- and 200-period SMAs are defending the latest up leg from the trough of 1,678 but the […]