Wed, 28 Jul 2021 10:07:31 GMT
Gold remains above 1,795.00
The support of the 1,795.00 price level held on Tuesday. Afterwards, the bullion surged to the resistance of the 200-hour simple moving average near 1,807.00 On Wednesday, the rate had bounced off the SMA and declined to the 1,800.00 level.
If the decline continues, the commodity price would first test the support of the 1,795.00 level. Afterwards, other round price levels