Gold prices are edging lower, beneath a short-term ascending trend line, meeting the 200-period simple moving average (SMA) at 2,026.60, which is ready to post a bullish cross with the 50-period SMA in the 4-hour chart. If there is an attempt below the aforementioned lines and the 2,025 support, then the commodity could battle with the 2,015 region before tumbling towards the 1,995 barricade. The technical oscillators are endorsing the negative momentum in the price. The MACD is standing beneath its trigger line, the stochastic is diving in the oversold area and the RSI is moving horizontally below the neutral ... (full story)