Fri, 17 Mar 2023 13:44:24 GMT
Gold pierces January high
The price for gold has found support in the 1,915.00 level and the 50-hour simple moving average. The event was followed by a surge, which by the middle of Friday's trading had pierced the January high level at 1,949.00.
A move above 1,949.00 and 1,950.00 might stop at the February high level at 1,960.00. Higher above, note the upper trend line