Gold long term trade for seller read the caption
The XAU/USD pair is little changed for a second consecutive day but retains the neutral-to-bullish stance. In the daily chart, the bright metal keeps developing above a flat 20 Simple Moving Average (SMA), currently at $2.020 in line with the absence of directional strength. However, the 100 SMA keeps heading north well below the current level, skewing the scale to the bulls' side. Finally, technical indicators keep consolidating around their midlines, failing