GOLD is posting a bearish day after finding resistance at the 40-simple moving average in the 4-hour chart. Moreover, the price dropped below the 23.6% Fibonacci retracement level at 1317.80 of the downleg from 1366 to 1303, endorsing the scenario for further losses. Looking at the 4-hour chart, the Relative Strength Index (RSI) is sloping to the downside in the […]