The yellow metal's price has surged above the 1,285.00 level by the middle of Wednesday's trading session. Moreover, the surge was expected to continue.
In general, it could be observed that the commodity price was pushed higher by the 55-hour simple moving average. The price surged and retraced back down to the SMA during the last couple of weeks.
In general, it could be observed that the commodity price was pushed higher by the 55-hour simple moving average. The price surged and retraced back down to the SMA during the last couple of weeks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.