Gold daily chart
- The yellow metal corrected part of the slide of the last weeks this Wednesday but found strong resistance at the 1,280.00 level.
Gold 4-hour chart
- Gold is trading below its main SMAs suggesting a bearish bias in the medium-term.
Gold 30-minute chart
- Gold is trading above its main SMAs suggesting a bullish correction in the short-term.
- Bulls will defend 1,270.00 level while bears will try to break below it to reach 1,260.00 and 1,247.00 support to the downside.
- Key resistance is at 1,280.00 and then at 1,290.00 figure.
|Today last price||1275.84|
|Today Daily Change||3.44|
|Today Daily Change %||0.27|
|Today daily open||1272.4|
|Previous Daily High||1276.53|
|Previous Daily Low||1266.5|
|Previous Weekly High||1292.05|
|Previous Weekly Low||1271.1|
|Previous Monthly High||1327.8|
|Previous Monthly Low||1280.1|
|Daily Fibonacci 38.2%||1270.33|
|Daily Fibonacci 61.8%||1272.7|
|Daily Pivot Point S1||1267.09|
|Daily Pivot Point S2||1261.78|
|Daily Pivot Point S3||1257.07|
|Daily Pivot Point R1||1277.12|
|Daily Pivot Point R2||1281.83|
|Daily Pivot Point R3||1287.14|
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