Gold bulls struggling to break the 100 day EMA, will it drop?
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Gold bulls have been unable to break the 100 day EMA. In fact, we have a bearish daily candle in this area.
It's possible that a correction may happen in Gold soon. If price action continues to show weakness, a sell between 1785-1794 with SL above 1800 and TP at 1755 is a possible sell signal.