Wed, 11 Jan 2023 11:23:56 GMT
Gold breaks resistance zone
The additional support of the 50-hour simple moving average was enough to cause a move of the price for gold above the 1,879.30/1,881.60 resistance zone.
A continuation of the surge might eventually test the 1,900.00 mark. On the other hand, a decline could look for support in the 1,879.30/1,881.60 and 1,867.90/1,870.40 zones.
However, the direction of the price is bound