GOLD at 200 DMA We've Seen This Movie Before

The 200 Daily Moving average is at 1305 (05-02-18).

Looking at the year 2017, we saw three occurrences when the Bullion Banks smashed the price of gold below the 200 dma .

Each time, price fell $30 - $40 below the 200 dma before reversing.

We've Seen This Movie Before... Will it happen again ???
Trend Analysis

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