Wed, 01 Sep 2021 10:45:57 GMT
Gold finds support in SMA
On Tuesday, the yellow metal dipped below the support zone of 1,810.00 level. However, the price almost immediately found support in the 100-hour simple moving average near 1,802.00. On Wednesday, the price had recovered and traded sideways around the 1,815.00 level.
If the 100-hour simple moving average catches up with the price, the metal could surge. A potential surge could reach