Pullback Risks IncreasingYet, such an extended rally also increases the likelihood of a sharper corrective move. The market has advanced with little pause, and while momentum remains supportive, the longer gold stretches away from its moving averages, the more vulnerable it becomes to mean reversion. A decisive drop below the 10-Day moving average, now at $3,805, could be the first warning that bullish momentum is beginning to weaken. Until then, the uptrend remains intact, represented by dynamic demand see ...