Gold Analysis on 2026/03/23
I don’t have time to analyze it, but for my EA purchasers I especially recommend turning it off until the price movement stops for the moment.
It’s currently touching the 40-week SMA, but whether this MA will be effective can only be judged by the results after the movement stops.
There’s no doubt it has fallen too much, but March is also a fiscal reporting period, so selling tends to be dominant.
4106
3898
If it breaks below around there, 3500 may come into view.
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