Fri, 23 Apr 2021 15:17:27 GMT
Gold falls below pivot points
The high levels from 1,790.00 to 1,800.00 have been marked in a resistance zone, as it has held throughout this week. On Friday, the rate passed the support levels of the 55 and 100-hour simple moving averages, which previously provided support.
The decline of the metal had no support as low as the 1,765.00 mark and the 200-hour simple moving average