Tue, 17 May 2022 14:06:52 GMT
Gold recovers to 1,830.00
The recovery of the price for gold shortly traded above the 1,830.00 mark at mid-day on Tuesday. An ongoing recovery of the commodity had broken the junior channel down pattern's resistance together with two simple moving averages and the 1,810.00/1,817.40 zone.
If the commodity price continues to surge, it could encounter resistance in the combination of the 200-hour simple moving average,