Mon, 23 Oct 2023 14:37:32 GMT
Gold continues to respect ascending channel
Gold almost reached the 2,000.00 mark, before starting a consolidation. The consolidation started, as the price hit the upper trend line of the channel up pattern. On Monday, the commodity was finding support in the combination of the 50-hour simple moving average and the 1,970.00 mark.
A resumption of the surge of the metal's price is now expected to face