Gold Price Overcomes 200-Day SMA, Holding above 1,800

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Gold Price Overcomes 200-Day SMA, Holding above 1,800

Gold prices have found a turning point at the 1,780 support level, which overlaps with the ascending trend line of the long-term symmetrical triangle. The price is currently testing the 40- and 200-day simple moving averages (SMAs), holding within the Ichimoku cloud in the short-term. Technically, the RSI indicator is showing some positive signals as […]

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Source: Gold Price Overcomes 200-Day SMA, Holding above 1,800