“¢ The precious metal regained positive traction on Tuesday and built on the overnight bounce from ascending trend-line support, extending from Jan. 25/28 through lows set on Feb. 7. “¢ Today’s up-move marked a positive day for the third session in the previous four, with bulls now looking to extend the momentum further beyond 200-hour SMA and the $1315-16 supply zone. “¢ Technical indicators on hourly/daily charts have managed to regain positive traction and support prospects for an extension of the intraday positive momentum amid a modest USD pull-back. “¢ Traders, however, are likely to wait for a sustained move beyond the mentioned hurdle before placing any aggressive bullish bets for a move back towards $1326 area- nine-month tops set in Jan. Gold 1-hourly chart XAU/USD Overview: Today Last Price: 1312.3 Today Daily change %: 0.30% Today Daily Open: 1308.36 Trends: Daily SMA20: 1300.88 Daily SMA50: 1279.42 Daily SMA100: 1250.06 Daily SMA200: 1231.32 Levels: Previous Daily High: 1314.88 Previous Daily Low: 1303.75 Previous Weekly High: 1322.3 Previous Weekly Low: 1300.1 Previous Monthly High: 1326.25 Previous Monthly Low: 1275.9 Daily Fibonacci 38.2%: 1308 Daily Fibonacci 61.8%: 1310.63 Daily Pivot Point S1: 1303.12 Daily Pivot Point S2: 1297.87 Daily Pivot Point S3: 1291.99 Daily Pivot Point R1: 1314.24 Daily Pivot Point R2: 1320.12 Daily Pivot Point R3: 1325.37 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. View All Post By FX Street FXStreet News share Read Next Venezuela OilMin: Situation in Venezuela affects oil market FX Street 4 years "¢ The precious metal regained positive traction on Tuesday and built on the overnight bounce from ascending trend-line support, extending from Jan. 25/28 through lows set on Feb. 7. "¢ Today's up-move marked a positive day for the third session in the previous four, with bulls now looking to extend the momentum further beyond 200-hour SMA and the $1315-16 supply zone. "¢ Technical indicators on hourly/daily charts have managed to regain positive traction and support prospects for an extension of the intraday positive momentum amid a modest USD pull-back. "¢ Traders, however,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
