Thu, 29 Jul 2021 08:06:30 GMT
Gold reaches 1,820.00 level
On Wednesday, the Federal Reserve's monetary statement caused a drop, which tested the support zone below the 1,795.00 mark. The support zone held and the yellow metal's price started a surge, which passed the resistance of the 55, 100 and 200-hour simple moving averages and broke the upper trend line of a channel down pattern. By the middle of Thursday's