Thu, 09 Dec 2021 12:40:27 GMT
Gold returns to pattern's borders
Despite shortly piercing the upper trend line of the channel down pattern, which has guided gold since last week, the metal's price declined at mid-day on Wednesday. By the middle of Thursday's trading, the yellow metal had reached below the 50, 100 and 200-hour simple moving averages and the lower trend line of a minor size channel up pattern.
In the