Fri, 08 Jul 2022 10:02:14 GMT
Gold trades sideways
In general, the situation on gold price charts has not changed. However, there are minor updates to note. Namely, the pair has revealed that there is a resistance zone below the 1,750.00 mark, at 1,747.50/1,748.85.
A potential recovery of the commodity price would have to pass the combined resistance of the 50-hour simple moving average, the 1,747.50/1,748.85 zone and the