Wed, 16 Jun 2021 07:35:20 GMT
Gold remains below 1,870.00
On Wednesday the yellow metal's price remained below the resistance of the 1,870.00 level. In the meantime, the price was approached by the 55-hour simple moving average, which could push the commodity price down.
In the case that the 55-hour simple moving average provides enough resistance for the rate to decline, the price would aim at the support of the 1,845.00