Home Gold Technical Analysis: Yellow Metal is under pressure below the 1,290.00 level
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Gold Technical Analysis: Yellow Metal is under pressure below the 1,290.00 level

Gold daily chart

  • Gold is trading in a bull trend above the 200-period simple moving average (SMA).  

Gold 4-hour chart

  • Gold is trading above its main SMAs while it is testing the 50 SMA.  
  • Gold is trading just below the 1,290.00 level.

Gold 30-minute chart

  • Gold bears would need to break below the 200 SMA to open the doors to  the 1,280.00 level to the downside.

   
Additional key levels

XAU/USD

Overview:
       Today Last Price:  1289.26
       Today Daily change:  3.0e+2  pips
       Today Daily change %:  0.230%
       Today Daily Open:  1286.3
Trends:
       Previous Daily SMA20:  1271.77
       Previous Daily SMA50:  1243.49
       Previous Daily SMA100:  1227.63
       Previous Daily SMA200:  1229.07
Levels:
       Previous Daily High:  1297.15
       Previous Daily Low:  1286.25
       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%:  1290.41
       Previous Daily Fibonacci 61.8%:  1292.99
       Previous Daily Pivot Point S1:  1282.65
       Previous Daily Pivot Point S2:  1279
       Previous Daily Pivot Point S3:  1271.75
       Previous Daily Pivot Point R1:  1293.55
       Previous Daily Pivot Point R2:  1300.8
       Previous Daily Pivot Point R3:  1304.45

 

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