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Gold continues higher and tests its 200 hour moving average

August 17, 2020 at 05:27PM

Gold continues higher and tests its 200 hour moving average
200 hour moving average at $1988.67
The move to the upside has pushed the price just above the 200 hour moving average (green line) at $1988.67. Last Tuesday the price fell below that moving average and continued to fall all the way down to the Wednesday low of $1863.15.

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