Tue, 29 Nov 2022 12:22:32 GMT
Gold trades around 1,750.00
The price for gold has recently been trading between the support of the 1,740.00 and resistance of 1,760.00 levels. Meanwhile, the commodity has been ignoring the 50, 100 and 200-hour simple moving averages. At mid-day on Tuesday, the price was approaching the 1,760.00 level.
A move above the 1,760.00 would not immediately indicate a broader surge, as the level was pierced