Gold is challenging the 1460 resistance. Follow-through buying could lead to the 1470 level. The outlook remains bearish in the medium term. Gold daily chart Gold is trading near the 1445 support level while below the 50 and 100 SMAs on the daily time frame. A breakdown below the 1445 swing low can lead to the next main support on the way down located near the 1400 handle. Gold four-hour chart The market is challenging the 1460 resistance while trading below its main SMAs. If the market surpasses the level, the correction up could extend to the 1470 or 1480 level. Gold 30-minute chart The metal is reversing up sharply from daily lows and is now printing fresh daily highs below a downward sloping 200 SMA. Additional key levels 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 TRX/USD Technical Analysis: TRON is one of the outperformers today FX Street 3 years Gold is challenging the 1460 resistance. Follow-through buying could lead to the 1470 level. The outlook remains bearish in the medium term. Gold daily chart Gold is trading near the 1445 support level while below the 50 and 100 SMAs on the daily time frame. A breakdown below the 1445 swing low can lead to the next main support on the way down located near the 1400 handle. Gold four-hour chart The market is challenging the 1460 resistance while trading below its main SMAs. If the market surpasses the level, the correction up could… 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.
