 Gold had been trading within a descending channel for the most part of 2022 but managed to stage a moderate rebound since early November. Even though bullion has recovered significant ground, its recovery seems to be on hold as the price failed to profoundly surpass the 200-day simple moving average SMA. The fact that gold is stuck ... The post Gold Hovers Around 200-day SMA, Diverging Signals Arise appeared first on Action Forex... 