Gold continues to see a bit of sideways action on Wednesday, as we are basically sitting at the 200 Day EMA. The gold market has been pretty noisy during trading here on Wednesday as we are just bouncing around the 200-day EMA, trying to figure out where to go next. With that, it looks like the market has run out of some momentum over the last couple of trading sessions, and quite frankly, that makes sense because we had seen a gap a couple of times last week, and sooner or later, we have to digest those gains. Furthermore, we have to pay a bit of attention to the headlines coming out of the Middle East because, ... (full story)