Gold came under increased pressure from stronger dollar on Wednesday and cracked key $4120/$4100 support zone (Fibo 76.4% of $3942/$4697 rally / round-figure) which contained several attacks in past two weeks. Recent action with temporary base but limited upticks capped by falling 10DMA and remaining below bear-trendline off $4697 peak, signals scenario of consolidation preceding […]The post Gold – Probe Through Base Floor Generate Initial Signal of Bearish Continuation appeared first on ActionForex.