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Explained in plain English

What's a 'moving average'?

In financial markets, a 'moving average' is a line on a chart that smooths out price data over a period (like 100 days). Traders use it to spot trends. When prices fall below a key moving average, it can signal a shift from a 'bullish' (rising) to a 'neutral' or 'bearish' (falling) outlook.

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Gold buyers lose momentum, price drops to August lows of $4,313

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