Gold Technical Analysis: Yellow Metal on the rise surpassing $1,320.00/oz

FX Street

Updated: 25 Mar. 2019 | 18:33

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

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