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The yellow metal failed to properly reach the 1,835.00 level before starting a retracement down. The retracement ended just above the 1,820.00 level. Since the middle of Thursday's trading, the metal has traded between the mentioned price levels. On Friday, the bullion was approached by the support of the 55-hour simple moving average near 1,824.00 If the SMA manages to push the
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The USD/JPY currency exchange rate has revealed that it is trading sideways in a 35 base point range between the 109.74 and 110.09 levels. Meanwhile, additional resistance was being provided by the 55-hour simple moving average at 110.05 In the case that the rate passes the levels near 110.00, it would face additional resistance from the 100-hour simple moving average at