Gold bounced back strongly after touching its 50 SMA in the weekly chart! looking at the previous touches makes it even more interesting..! on the other hand in the daily chart after closing below 200 SMA for 2 days it bounced back and made a bear trap in my opinion!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.