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GOLD at 200 DMA We've Seen This Movie Before
Gold Futures
GOLD at 200 DMA We've Seen This Movie Before
By Gab
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May 2, 2018
9
May 2, 2018
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 ???
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