Gold Is About To Cross The Line

After forming a daily swing low on Tuesday, gold delivered bullish follow through on Wednesday and Thursday.

Gold closed higher on Wednesday and Thursday. This is causing the 10 day MA to turn higher so we can label day 27 as the DCL. Now gold is running into resistance that the 50 day. MA. Gold will need to close above the 50 day MA in order for any trending move to be sustained.

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