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Gold Price News & Forecast: XAU/USD is flirting with session lows

Commodity Report: Gold Price Forecast - 21 November 2019 [Video]

Gold prices have been holding steady on Thursday above $1470 supported by concerns that U.S. legislation in Hong Kong could increase tensions between the United States and China and delay an interim trade deal. Read more...

 

XAU/USD flirting with session lows, around $1470 region

Gold edged lower through the Asian session on Thursday and is currently placed near the lower end of its daily trading range, around the $1470 region.

The safe-haven precious metal witnessed some follow-through selling on Thursday and extended the previous session's late pullback from the vicinity of the 100-day SMA barrier, or near two-week tops, despite uncertainty over the Phase-One US-China trade deal. Read more...

XAU/USD

Overview
Today last price 1470.2
Today Daily Change -2.77
Today Daily Change % -0.19
Today daily open 1472.97
 
Trends
Daily SMA20 1482.74
Daily SMA50 1491.44
Daily SMA100 1481.25
Daily SMA200 1396.66
 
Levels
Previous Daily High 1478.86
Previous Daily Low 1466.12
Previous Weekly High 1474.6
Previous Weekly Low 1445.8
Previous Monthly High 1519.04
Previous Monthly Low 1455.5
Daily Fibonacci 38.2% 1473.99
Daily Fibonacci 61.8% 1470.98
Daily Pivot Point S1 1466.44
Daily Pivot Point S2 1459.9
Daily Pivot Point S3 1453.69
Daily Pivot Point R1 1479.18
Daily Pivot Point R2 1485.39
Daily Pivot Point R3 1491.93

 

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