Page 8 - Client Sentiment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gold Price Remains Capped by 50-Day SMA Ahead of Fed Rate Decision 2020-12-16 16:30:00 David Song, Strategist Gold Price Talking Points The price of gold appears to be making another attempt to test the 50-Day SMA ($1872) ahead of the Federal Reserve’s last meeting for 2020, but the rebound from the monthly low ($1776) may continue to unravel as long as the Relative Strength Index (RSI) tracks the downward trend from earlier this year. Advertisement Gold Price Remains Capped by 50-Day SMA Ahead of Fed R...

Gold Price Rebound Unravels Ahead of Fed’s Last Meeting for 2020 2020-12-11 15:00:00 David Song, Strategist Gold Price Talking Points The V-shape recovery in the price of gold appears to have stalled ahead of the Federal Reserve’s last meeting for 2020 amid the failed attempt to test the 50-Day SMA ($1875), and it remains to be seen if the fresh forecasts from Fed officials will influence the precious metal as bullion appears to be moving to the beat of its own drum. Advertisement Gold Price Rebound Unravels Ahead of Fed’s Last Meeting for 2020 The rebound from the November low ($176...