Gold’s rebound from seven-month-old horizontal support fades b | MTrading Global

Gold’s rebound from seven-month-old horizontal support fades below 100-DMA during early Tuesday. The failure to extend the corrective pullback joins bearish MACD signals to keep gold sellers hopeful ahead of the key testimony by Fed Chairman Jerome Powell.

https://mtrading.com/blog/technical-analysis-100-dma-probes-golds-recovery-ahead-of-powells-testimony