Fri, 03 Jun 2022 14:49:49 GMT
Gold shortly reaches above 1,870.00
On Thursday, the price for gold managed to reach above the 1,865.00/1,870.00 resistance zone. However, even before reaching the 1,875.00 level, the price started to decline. On Friday, the price had found support in the 50-hour simple moving average near 1,857.00.
A potential resumption of the surge of the yellow metal's price would have to once again pass the 1,865.00/1,870.00 zone,