The indicator illustrates periods of varying volatility relative to the price gyrations and is calculated by dividing the spread between the Bollinger bands by the 20-day simple moving average (SMA) ...
There was no downside follow-through today to gold’s decisive drop yesterday. Instead, it traded inside day today with a high 1,929, which successfully tested the 55-Day EMA as resistance. This ...
The decline in bank deposits reduces the lending capacity and leads to a credit contraction in the economy. The gold market is approaching the long-term pivot of $2,075, which has the potential to ...