Fri, 10 Nov 2023 12:10:19 GMT
Gold reveals support and resistance
In general, the price for gold has been respecting the support and resistance of round price levels like the 1,945.00, 1,950.00, 1,955.00 and 1,960.00. Meanwhile, the hourly simple moving averages appear to have also impacted the commodity price.
An extension of the ongoing decline is set to look for support in previously notable levels like 1,945.00, 1,940.00 and the 1,932.25