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Gold lies within near-term SMAs Momentum oscillators head down Gold unsuccessfully tested the all-time high of 2,531.66 again today, but it is still above the 2,500 round number and the short-term uptrend line. Currently, the price is challenging the 20- and 50-period simple moving averages (SMAs) in the 4-hour chart, with the technical oscillators showing some weakening momentum. […]

The post Gold Flirts With Short-Term Uptrend Line appeared first on Action Forex.

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30/11/2023

USDJPY Shows Incomplete Elliott Wave Bearish Sequence

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