Gold (XAU/USD) is under bearish pressure below the 21 SMA. After hitting 1,966 last week, it continues its downtrend and could drop towards the 200 EMA at 1,920. Since March 16, gold has been trading within an uptrend channel. In the European session, XAU/USD reached 1,924, right at the bottom of the uptrend channel, and […]