Gold Forecast: Retreats into Inner Range
From dailyforex.com
It looks like there's at least some pushback in this area. So, I think you've got a situation where you have to look at this through the prism of a market that is doing everything it can to reassert the uptrend. But the question of course is going to be, do we really have the volume for that? And I don't think that's the case. So, with that, markets will continue to be very noisy. I think you've got a situation where you are looking at the 50 day EMA as a potential support level. But again, don't hold your breath on that. The reality is that market participants just don't really know what to do at the moment. Of ...
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