- Gold is near its 200 Day SMA. If takes support near this level gold may give good up move. Closing below 200 SMA will be negative for Gold.
- Price is also putting up a Consolidation pattern on closing basis. Breakout from this pattern too can give good direction. If 200 SMA is protected on closing basis then the up move will resume.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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