Gold has its best week since since the March 2023 ...Middle East

The gain in this week by itself is around 6.35% currently. That represents the second-highest trading week since March 13, 2023 when the the price rose by 6.5%.

Looking at the daily chart below, the low price this week stalled right ahead of its 50-day moving average. That 50 day moving average is currently just below the $3000 level at $2969.76 and moving higher. It would take a move below the 50-day moving average to tilt the bias more in favor of the sellers at least from a medium-term perspective.The 50 day moving average stalled the fall at the low price this week before surging into the close. The price of gold reached a new high at $3245.45.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about gold has its best week since since the march 2023 was published today ( Friday 11/04/2025 - 10:29 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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