Trading Signals for GOLD (XAU/USD) for November 8-10, 2023: sell below $1,966 (21 SMA – 7/8 Murray)
Early in the European session, gold (XAU/USD) was trading around 1,968.75 above the 21 SMA within the downtrend channel formed on November 3. The recovery of the dollar index (USDX) made the XAU/USD fall to 1,956 recorded yesterday during the American session. Bearish pressure remains in force and gold could resume its decline if it […]