“¢ A fresh wave of global risk-aversion trade helped the precious metal staged a goodish bounce on Thursday and recover around 50% of the overnight slide to 1-1/2 week lows. “¢ The momentum lifted the commodity through 23.6% Fibo. level of the $1346-$1317 recent downfall, with bulls now eyeing a further appreciating move towards 100-hour SMA. “¢ Technical indicators on the 1-hourly chart have just started gaining positive traction and maintained their bullish bias on the daily chart, supporting prospects for additional gains. “¢ The set-up points to an extension of the positive momentum towards testing 38.2% Fibo. level resistance, around the $1328-30 region ahead of the Q4 US GDP figures. Gold 1-hourly chart XAU/USD Overview: Today Last Price: 1324.87 Today Daily change %: 0.36% Today Daily Open: 1320.1 Trends: Daily SMA20: 1320.01 Daily SMA50: 1299.06 Daily SMA100: 1263.27 Daily SMA200: 1235.57 Levels: Previous Daily High: 1330.15 Previous Daily Low: 1317.05 Previous Weekly High: 1346.85 Previous Weekly Low: 1320.72 Previous Monthly High: 1326.25 Previous Monthly Low: 1275.9 Daily Fibonacci 38.2%: 1322.05 Daily Fibonacci 61.8%: 1325.15 Daily Pivot Point S1: 1314.72 Daily Pivot Point S2: 1309.33 Daily Pivot Point S3: 1301.62 Daily Pivot Point R1: 1327.82 Daily Pivot Point R2: 1335.53 Daily Pivot Point R3: 1340.92 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 Cryptocurrency money laundering activities hiked 10X in 2018 – shows Japan Police report FX Street 4 years "¢ A fresh wave of global risk-aversion trade helped the precious metal staged a goodish bounce on Thursday and recover around 50% of the overnight slide to 1-1/2 week lows. "¢ The momentum lifted the commodity through 23.6% Fibo. level of the $1346-$1317 recent downfall, with bulls now eyeing a further appreciating move towards 100-hour SMA. "¢ Technical indicators on the 1-hourly chart have just started gaining positive traction and maintained their bullish bias on the daily chart, supporting prospects for additional gains. "¢ The set-up points to an extension of the… 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.
