The Traderszone Network

Published in TZ Latest News 24 August, 2016 by The TZ Newswire Staff

Gold falls to three-week low, breaks 55-day moving average

Gold technical analysis
Gold is down $13 today in the worst decline since August 5.
In the medium-term, the outlook is largely unchanged. Gold appears to be in a consolidation phase after a great run to start the year. Uncertainty about global central bank dovishness has stalled the move.