Thu, 20 Oct 2022 10:34:43 GMT
Gold finds support
The price for gold eventually found support above the 1,615.00/1,622.00 zone. The 1,625.00 level appears to have acted as support. During the first half of Thursday's trading, the price recovered back up to the 1,635.00 level.
A continuation of the recovery might encounter resistance in the 1,640.00 level and the zone, which surrounds it. In addition, note the descending 50-hour simple