Gold Breaks Down Rising Trendline; Range Support in Focus

Trendline break: Gold price fell today and pushed below a rising trendline that goes back to key lows in May 2012. In the daily chart this holds the recent momentum bearish as the RSI has tagged 30 but held under 60. It the RSI falls below 40, it shows persistent bearish momentum developing. Price…

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Gold Breaks Down Rising Trendline; Range Support in Focus

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