FLreports

NEWS: Gold bounces near 100 hour MA on dip August 14, 2019 at 03:53PM

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The 100 hour MA acts as a barometer for market bias
Looking at the hourly chart of the spot gold, the price has more or less, used the 100 hour MA as a barometer for the bulls/bears. Yes….there has been some tails below and above the line of late but generally speaking, move above is bullish.

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