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Fell Below 50 Day Moving Average appears for GOLD after 2.33% move
GOLD posted a 2.33% loss on Wednesday, June 17th, accompanied by 0.6× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 42.04, 41.37 & 40.05, with resistance at 44.03, 45.35 & 46.02.
Current SwingTradeBot Technical Rating of GOLD: C
Just a sneak peek — check SwingTradeBot.com for the full story on GOLD.
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