Tue, 12 Apr 2022 14:05:29 GMT
Gold passes above 1,970.00
At mid-day on Thursday, the yellow metal broke the resistance of the 1,970.00 mark. The event occurred due to the release of the US Consumer Price Index at 12:30 GMT. In the meantime, it was spotted that the rate was respecting the support of the 50-hour simple moving average near 1,950.00.
Due to the breaking of the 1,970.00 mark, from a