Thu, 07 Sep 2023 13:11:37 GMT
Gold reaches new low level
The price for gold reached for the 1,915.00 mark, before starting a recovery. At mid-day on Thursday, the commodity price had reached above the 1,920.00/1,923.00 range and faced the 50-hour simple moving average.
A resumption of the broader decline is expected to look for support in the 1,920.00/1,923.00 range that has previously acted as both support and resistance. Below 1,920.00,