Tue, 22 Nov 2022 09:28:02 GMT
Gold finds support at 1,732.40
The decline of the price of the yellow metal eventually found support in the 1,732.40 level. The event was followed by a recovery, which by mid-Tuesday had approached the 50-hour simple moving average near 1,747.00.
A move above the 50-hour simple moving average could encounter resistance in the 1,750.00 mark. Higher above, note the combination of the 100 and 200-hour simple