Spot Gold (XAUUSD) : Testing its 100 day MA yet again

Spot gold is testing its 100 day moving average at $1,365, up $3 since Monday’s New York close. If this level, which has held repeatedly in recent sessions, breaks then gold could swiftly push to $1,380. However buying interest doesn’t seem to be particularly strong, so another dip back to $1361 or so could occur quickly.

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