Gold Price Analysis: XAU/USD remains vulnerable, break below 200-DMA awaited
Gold traded with a mild negative bias through the mid-European session and was last seen hovering near the lower end of its daily range, around the $1805 region.
The XAU/USD now seems to have found acceptance below a three-day-old ascending trend-channel, which constituted the formation of a bearish flag on short-term charts. Bearish technical indicators on hourly/daily charts add credence to the negative set-up and support prospects for an extension of the recent downward trajectory. Read more...
Gold: Techincal chart signals caution for the bulls
Gold is edging lower but holding above $1,800. US dollar weakness and vaccine doubts offer support to the yellow metal while technical chart warrants caution for the XAU/USD bulls, FXStreet's Dhwani Mehta reports. Read more...
Gold Price Analysis: XAU/USD hangs near multi-month lows, just above $1800 mark
Gold has managed to recover an intraday dip to the $1803 region, albeit lacked any strong follow-through buying. The commodity was last seen trading around the $1810 region, nearly unchanged for the day. Read more...
|Today last price||1781.42|
|Today Daily Change||-27.68|
|Today Daily Change %||-1.53|
|Today daily open||1809.1|
|Previous Daily High||1818.36|
|Previous Daily Low||1804.92|
|Previous Weekly High||1899.14|
|Previous Weekly Low||1852.8|
|Previous Monthly High||1933.3|
|Previous Monthly Low||1860|
|Daily Fibonacci 38.2%||1813.23|
|Daily Fibonacci 61.8%||1810.05|
|Daily Pivot Point S1||1803.23|
|Daily Pivot Point S2||1797.35|
|Daily Pivot Point S3||1789.79|
|Daily Pivot Point R1||1816.67|
|Daily Pivot Point R2||1824.23|
|Daily Pivot Point R3||1830.11|
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