Breaking: Gold hits a new record high above $1,921

FXStreet Team FXStreet

Gold has printed a new lifetime high of $1,921.10, surpassing the previous record price of $1,921 reached in September 2011.

The metal has rallied by over 25% this year with the US Federal Reserve's unprecedented money printing pushing inflation-adjusted yields on Treasuries to negative territory.

Gold exchange-traded fund (ETF) holdings have risen to an all-time high, the equivalent of 3,321 tonnes, as noted by popular analyst Holger Zschaepitz.

Gold: XAU/USD Chart

Gold Technical levels to watch

XAU/USD

Overview
Today last price	1920.98
Today Daily Change	19.82
Today Daily Change %	1.04
Today daily open	1901.16

Trends
Daily SMA20	1810.85
Daily SMA50	1762.86
Daily SMA100	1708.41
Daily SMA200	1617.96

Levels
Previous Daily High	1906.68
Previous Daily Low	1881.52
Previous Weekly High	1906.68
Previous Weekly Low	1805.86
Previous Monthly High	1785.91
Previous Monthly Low	1670.76
Daily Fibonacci 38.2%	1897.07
Daily Fibonacci 61.8%	1891.13
Daily Pivot Point S1	1886.23
Daily Pivot Point S2	1871.29
Daily Pivot Point S3	1861.07
Daily Pivot Point R1	1911.39
Daily Pivot Point R2	1921.61
Daily Pivot Point R3	1936.55

Author

FXStreet Team

FXStreet

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