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Gold trades below its 200 hour moving average

July 01, 2020 at 04:39PM

The precious metal is down $30 from the high
The price of gold reached a new high going back to 2012 at $1789.28 (at the London session high).  Since and however the price has plunged $30 from the high to the low (low reached $1759.36).  The price currently trades at $1762.15. 
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Author: https://www.forexlive.com/technical-analysis/!/gold-trades-below-its-200-hour-moving-average-20200701 Selected by SYFX+

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