Thu, 19 Jan 2023 12:09:54 GMT
Gold returns to support zone
The price for gold has returned to the support zone at 1,896.50/1,901.50. The support zone has held and keeps the price up. Meanwhile, it has been observed that the 50 and 100-hour simple moving averages are failing to impact the commodity price.
A decline of the price for gold would have to reach below the 1,896.50/1,901.50 zone and the 200-hour simple