Fri, 05 Aug 2022 08:15:37 GMT
Gold reaches above resistance zone
The price for gold has reached above the 1,784.40/1,788.70 zone. Afterwards, resistance was found in the 1,795.00 mark. On Friday morning, the commodity price was finding support in the previous resistance zone, as the 1,788.70 level appeared to be keeping the price up.
If the metal manages to recover, the 1,795.00 level and the 1,800.00 mark are expected to provide resistance.