Gab

GOLD at 200 DMA We've Seen This Movie Before

COMEX:GC1!   Gold Futures
The 200 Daily Moving average is at 1305 (05-02-18).

Looking at the year 2017, we saw three occurrences when the Bullion Banks smashed the price of gold below the 200 dma .

Each time, price fell $30 - $40 below the 200 dma before reversing.

We've Seen This Movie Before... Will it happen again ???

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.