Overview: Gold is testing its 200-day SMA after two months of consolidation, having failed to revive bullish momentum above 5,000. As the precious metal completes its third negative month, down almost 20% from all-time highs, more losses could emerge in the short term. Momentum: The RSI is below 50, the stochastic is pivoting south, and […]The post Gold Tumbles as Bearish Pressure Mounts appeared first on ActionForex.