Gold is trading in a bull trend above the 200-period simple moving average. Gold broke above 1,237.60 (July 3 swing low) as technical indicator suggest more upside. The next levels for bulls to reach are likely located near 1,250.00 figure and 1,265.90 July high. A break below 1,204.10 (August 3 swing low) would likely be a warning sign for bulls. Gold 4-hour chart Rate: 1,234.60 Relative change: 1.04% High: 1,239.90 Low: 1,221.40 Main trend: Bullish Resistance 1: 1,250.00 figure Resistance 2: 1,265.90 July high Resistance 3: 1,300.00 figure Support 1: 1,237.60 July 3 swing low Support 2: 1,220.90 July 18 low Support 3: 1,211.17 July 19 low Support 4: 1,204.10, August 3 swing low (key level) Support 5: 1,182.90 August 24 low Support 6: 1,172.82 current 2018 low 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 USD/JPY slumps to 6-week low at 111.37, recovers above 111.50 FX Street 4 years Gold is trading in a bull trend above the 200-period simple moving average. Gold broke above 1,237.60 (July 3 swing low) as technical indicator suggest more upside. The next levels for bulls to reach are likely located near 1,250.00 figure and 1,265.90 July high. A break below 1,204.10 (August 3 swing low) would likely be a warning sign for bulls. Gold 4-hour chart Rate: 1,234.60 Relative change: 1.04% High: 1,239.90… 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.
