Wed, 08 Dec 2021 11:15:34 GMT
Gold breaks resistance levels
On Tuesday, the yellow metal's price passed the resistance of the 200-hour simple moving average. On Wednesday, the commodity reached above the upper trend line of the channel down pattern, which had guided the metal since last week.
If the bullion's price continues to surge, it would most likely test the resistance of the 1,800.00 mark and the upper trend