Wed, 01 Jun 2022 13:16:38 GMT
Gold finds support in 1,830.00
On Wednesday morning, the price for gold reached below the support zone of the mid-May low and high levels at 1,832.50/1,835.80. However, at mid-day the decline got exhausted, as a surge occurred. The rate quickly reached the 1,850.00 mark and the three hourly simple moving averages.
If the commodity price surges above the 50, 100 and 200-hour simple moving averages and