Post Rate Cut Update 31 July 2019

42
Gold is still in the consolidation zone of 1383 - 1452
No new projections.
While in consolidation, the 21 Trend MA has caught the prices and we have a close beneath the MA.
This however doesn't signal bearish sentiment until the low consolidation is broken. This is just indicating the MAs have caught the prices and the prices are still locked in consolidation.

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