Gold Continues to Show Signs of Support Just Below

From dailyforex.com

Gold was rather choppy during the early hours on Wednesday, but we do still have a significant amount of support below that comes into the picture to offer a bit of a potential buying opportunity. After all, gold has a lot of things working for it right now as the geopolitical situation continues to be an absolute mess. Furthermore, we've been in an uptrend for a while, so I don't really see an argument for any type of shorting of the market, even if we were to get a bit of profit taking. We are focusing mainly on the $2,300 level and perhaps even just a little bit below there. With the 50 day EMA approaching this ... (full story)