Thu, 28 Apr 2022 15:13:48 GMT
Gold encounters resistance in moving average
As the value of the US Dollar continues to grow, the price for Gold extends its decline. During Thursday's trading hours, the price shortly traded below the 1,880.00 level, before retracing to the resistance of the 50-hour simple moving average near 1,893.00.
If the price for gold is pushed down by the 50-hour simple moving average, the commodity would look for