#OPINIONLEADER# #gold# Although a clear break of the 200-DMA joins downbeat MACD signals and RSI retreat to keep gold sellers hopeful, an upward sloping trend line from August, close to $1,780, challenges the metals further downside. Meanwhile, corrective pullback needs to stay beyond the 200-DMA level of $1,800 for a while before directing gold buyers towards October’s peak of $1,814 #trading#
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