Tue, 23 Mar 2021 10:30:05 GMT
Gold remains above SMA
Since the middle of Monday's European trading, the commodity price has continued to be supported by the 200-hour simple moving average. In the meantime, the price almost ignored the 55 and 100-hour simple moving averages.
In regards to the near term future, the 200-hour SMA could force the price into testing the resistance of the 1,745.50/1,747.40 zone. If the zone fails