Mon, 08 Jul 2024 15:17:37 GMT
Gold finds support at 2,370.00
US employment data further weakened the US Dollar. The price for gold reacted to the news by surging and almost reaching the 2,400.00 mark. However, the resistance worked and the rate was descending and consolidating while looking for support. On Monday, the support appeared to be found in the 2,370.00 level and the 50-hour simple moving average.
Economic Calendar Analysis
This