Tue, 01 Mar 2022 13:26:57 GMT
Gold moves above resistance zone
At mid-day on Tuesday, the price for gold once again moved above the resistance zone at 1,913.50/1,922.00. In the meantime, the commodity was finding support in the 100-hour simple moving average near 1,911.20.
If the commodity price continues to surge, it might encounter resistance in the 1,930.00 mark, which reversed the early Monday's surge. Higher above, other round price levels could