Gold between moving averages...

For nearly three weeks, the markets have seen declines. US gross domestic product grew 4.6 percent between March and June, the unemployment rate dropped to 5.9 percent in September; and added 248,000 to payrolls.  Oil has been falling and looks set to fall further.  Yet there has been a slump in the market. Fear is the trigger. Investors have already started flying to safer havens; gold has been challenging its post 2011 trends to decline in recent days. Gold might  try to move up;  a  200 day moving average level might be what gold bulls  hope for. Unless there is a calming of nerves in the market.