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GOLD Crossed Above 20 Day Moving Average on June 26
GOLD posted a 1.13% gain on Friday, June 26th, accompanied by 0.5× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 40.88, 39.85 & 38.79, with resistance at 42.97, 44.03 & 45.06.
Current SwingTradeBot Technical Rating of GOLD: C
Just a sneak peek — check SwingTradeBot.com for the full story on GOLD.
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