Wed, 27 Oct 2021 11:59:32 GMT
Gold finds support in SMA
On Tuesday, the decline of the yellow metal's price reached the support of the 200-hour simple moving average and pierced it. However, after piercing the SMA, the price recovered to the 1,705.00 level.
On Wednesday, the rate once again found support in the 200-hour simple moving average near 1,785.00.
If the metal's price recovers, it would most likely face the technical