Tue, 31 Aug 2021 10:21:49 GMT
Gold looks for support
The yellow metal's price, on Monday, retraced down and found support in the late-August high level zone near 1,805.00/1,810.00. On Tuesday morning, additional support was approaching the bullion. Namely, the 55-hour simple moving average reached above the 1,810.00 level.
If the 55-hour SMA manages to push the price up, the metal would have to pass the 1,820.00 level first. Afterwards, the