- SPX Daily chart shows 50 SMA moving closer to 200 SMA. This might result in price breaking out above 200 SMA or breakdown below 50 SMA.
- Hour chart shows price testing 200 Hour SMA. Price sustaining below 200 Hour SMA will favor bears.
- There is a possible bullish pattern developing in hour chart But for bulls price should sustain above crucial moving averages for a breakout in their favor to happen.
- GOLD TESTING 200 SMA
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