Gold Holds Above 200-Day Average for Second-Longest Streak on Record

Gold Holds Above 200-Day Average for Second-Longest Streak on Record

The precious metal has stayed above its 200-day moving average for roughly 550 trading days, trailing only the post-2008 financial crisis streak.

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Terms & Concepts
  • 200-day moving average: A technical analysis indicator that calculates the average closing price of an asset over the past 200 trading days.