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Gold daily chart

  • Gold is trading in a bull trend above its main simple moving averages (SMAs).

Gold 4-hour chart

  • Gold is trading above its main SMAs suggesting a bullish bias in the medium-term.

 
Gold 30-minute chart

  • As the market is trading above its main SMAs bulls are currently in charge.  
  • The next resistances lying ahead are likely situated at 1,322.00;  1,328.00 and $1,336.00 once.
  • Support is at 1,320.00 and 1,312.00.

Additional key levels