Gold Forecast for Aug 18, 2021: 50-Day EMA Barrier

Gold Forecast for Aug 18, 2021: 50-Day EMA Barrier

The gold rate rose during the last trading session, but ran into an obstacle at the 50-day moving average. The 50-day EMA is a technical indicator that many traders pay attention to, and the fact that the precious metal has retreated from there indicates a depletion of momentum. This is an interesting move as the … Read moreGold Forecast for Aug 18, 2021: 50-Day EMA Barrier