Mon, 27 Sep 2021 10:12:54 GMT
Gold fails at recovery
Gold found resistance on Monday in the 1,760.00 level. The event was followed by a decline, which by the middle of the day was approaching the September low level zone from 1,738.25/1,745.40.
If the September support zone holds, the metal's price might recover. A potential recovery could find resistance in the 55, 100 and 200-hour simple moving averages near 1,755.00, 1,760.00