Mon, 27 Jun 2022 12:42:42 GMT
Gold faces resistance line
Since late hours of June 16 trading, the price for gold has been facing a descending resistance line. On Monday, the pair bounced off the resistance line and was looking for support in the hourly simple moving averages.
A potential decline of the commodity price could look for support in the last week's low level zone at 1,816.90/1,823.50. Further below