Home Gold Technical Analysis: Yellow Metal set to move up to $1,286.00/oz
FXStreet News

Gold Technical Analysis: Yellow Metal set to move up to $1,286.00/oz

Gold daily chart

  • Gold is in a bull trend above its main simple moving averages (SMAs).
  • As forecast, the 1,288.75 target has been hit.

Gold 4-hour chart

  • Gold broke below the 50 and 100 SMAs.  

Gold 30-minute chart

  • As gold is holding above 1,280.00 a retest of 1286.00 to the upside is on the cards.  

Additional key levels

XAU/USD

Overview:
       Today Last Price:  1283.4
       Today Daily change:  -8.49  pips
       Today Daily change %:  -0.66%
       Today Daily Open:  1291.89
Trends:
       Daily SMA20:  1282.63
       Daily SMA50:  1251.02
       Daily SMA100:  1232.26
       Daily SMA200:  1228.87
Levels:
       Previous Daily High:  1295.45
       Previous Daily Low:  1288.95
       Previous Weekly High:  1297.15
       Previous Weekly Low:  1279.35
       Previous Monthly High:  1284.7
       Previous Monthly Low:  1221.39
       Daily Fibonacci 38.2%:  1291.43
       Daily Fibonacci 61.8%:  1292.97
       Daily Pivot Point S1:  1288.74
       Daily Pivot Point S2:  1285.6
       Daily Pivot Point S3:  1282.24
       Daily Pivot Point R1:  1295.24
       Daily Pivot Point R2:  1298.6
       Daily Pivot Point R3:  1301.74

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.