Home Gold Technical Analysis: All eyes on $1,280.00/oz
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Gold Technical Analysis: All eyes on $1,280.00/oz

Gold daily chart

  • Gold is trading in a bull trend above the 200-period simple moving average (SMA).
  • Gold rejected $1,300.00 per ounce.  

Gold 4-hour chart

  • $1,280.00/oz is a very important support. A bearish break below it will likely be significant in the coming weeks.

Gold 30-minute chart

  • A break below 1,280.00 would likely lead to a drop to 1,277.00 and 1,272.00.  
  • To the upside, resistance is located near 1,295.35.  

Additional key levels

XAU/USD

Overview:
       Today Last Price:  1280.7
       Today Daily change:  -8.2e+2  pips
       Today Daily change %:  -0.638%
       Today Daily Open:  1288.92
Trends:
       Previous Daily SMA20:  1265.09
       Previous Daily SMA50:  1240
       Previous Daily SMA100:  1224.98
       Previous Daily SMA200:  1229.16
Levels:
       Previous Daily High:  1295.03
       Previous Daily Low:  1282.75
       Previous Weekly High:  1298.42
       Previous Weekly Low:  1276.82
       Previous Monthly High:  1284.7
       Previous Monthly Low:  1221.39
       Previous Daily Fibonacci 38.2%:  1290.34
       Previous Daily Fibonacci 61.8%:  1287.44
       Previous Daily Pivot Point S1:  1282.77
       Previous Daily Pivot Point S2:  1276.62
       Previous Daily Pivot Point S3:  1270.49
       Previous Daily Pivot Point R1:  1295.05
       Previous Daily Pivot Point R2:  1301.18
       Previous Daily Pivot Point R3:  1307.33

 

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