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

Yohay Elam FXStreet

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

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

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