Mon, 20 Dec 2021 13:43:28 GMT
Gold declines below 1,800.00
Despite initially providing support, the combination of the 1,800.00 mark and the 50-hour simple moving average failed at mid-day on Monday.
If the price continues to decline, it could look for support in the previous December high level zone at 1,791.80/1,793.40. Below the zone, the 100 and 200-hour simple moving averages might stop a decline near 1,785.00.
On the other hand,