Gold tests 1,420.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Gold has made an attempt to surge, which was stopped by the psychological resistance of the 1,420.00 level.

During Tuesday's trading session, the rate was expected to surge, as it was supported by the hourly simple moving averages and there was no technical resistance as high as the 1,430.00 level.

Although, watch the resistance of round levels like the 1,420.00 and 1,425.00. They might slow down price surges.

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