“¢ After an Asian session dip to $1298, the precious metal regained positive traction and was seen building on Friday’s goodish bounce from 200-hour SMA. “¢ Currently hovering around 23.6% Fibo. level of the $1280-$1313 recent up-move, bullish oscillators on the 1-hourly chart support prospects for further gains. “¢ Meanwhile, technical indicators on 4-hourly/daily charts are also catching up with the positive momentum and add credence to the constructive set-up. “¢ Hence, any dips to the $1300 psychological mark might be seen as a buying opportunity for a move back towards the recent swing highs, around the $1313 region. Gold 1-hourly chart XAU/USD Overview: Today Last Price: 1305.23 Today Daily change %: 0.24% Today Daily Open: 1302.16 Trends: Daily SMA20: 1310 Daily SMA50: 1304.05 Daily SMA100: 1271.46 Daily SMA200: 1239.2 Levels: Previous Daily High: 1306.45 Previous Daily Low: 1294.1 Previous Weekly High: 1313.3 Previous Weekly Low: 1290.6 Previous Monthly High: 1346.85 Previous Monthly Low: 1300.1 Daily Fibonacci 38.2%: 1301.73 Daily Fibonacci 61.8%: 1298.82 Daily Pivot Point S1: 1295.35 Daily Pivot Point S2: 1288.55 Daily Pivot Point S3: 1283 Daily Pivot Point R1: 1307.7 Daily Pivot Point R2: 1313.25 Daily Pivot Point R3: 1320.05 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 UK PM May spokesman: PM has made her preference clear for a short extension FX Street 4 years "¢ After an Asian session dip to $1298, the precious metal regained positive traction and was seen building on Friday's goodish bounce from 200-hour SMA. "¢ Currently hovering around 23.6% Fibo. level of the $1280-$1313 recent up-move, bullish oscillators on the 1-hourly chart support prospects for further gains. "¢ Meanwhile, technical indicators on 4-hourly/daily charts are also catching up with the positive momentum and add credence to the constructive set-up. "¢ Hence, any dips to the $1300 psychological mark might be seen as a buying opportunity for a move back towards… 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.
