Tue, 06 Sep 2022 08:12:16 GMT
Gold recovery reaches above 1,725.00
On Tuesday morning, the price for gold shortly reached above the 1,725.00 mark and touched the resistance of the 200-hour simple moving average. The resistance appeared to be enough to force the pair into sideways trading near the 1,720.00 level.
A resumption of the recovery of the commodity price would have to pass the combination of the 200-hour SMA and the