Gold Technical Analysis: Slow bullish grind above  $1,300.00 /oz

Gold daily chart

  • Gold is in a bull trend above its main simple moving averages (SMAs).

Gold 4-hour chart

  • Gold is trading above its 100 and 200 SMA suggesting bullish momentum.

Gold 30-minute chart

  • Gold is trading just above its main SMAs suggesting a mild bullish bias. 
  • The level to beat for bulls is 1,317.50 in order to reach 1,326.00.
  • To the downside, support can be seen near 1,306.40 and 1,300.00 figure.

Additional key levels


    Today Last Price: 1311.71
    Today Daily change %: 0.05%
    Today Daily Open: 1311.08
    Daily SMA20: 1301.98
    Daily SMA50: 1280.88
    Daily SMA100: 1251.29
    Daily SMA200: 1231.61
    Previous Daily High: 1314.8
    Previous Daily Low: 1306.65
    Previous Weekly High: 1322.3
    Previous Weekly Low: 1300.1
    Previous Monthly High: 1326.25
    Previous Monthly Low: 1275.9
    Daily Fibonacci 38.2%: 1311.69
    Daily Fibonacci 61.8%: 1309.76
    Daily Pivot Point S1: 1306.88
    Daily Pivot Point S2: 1302.69
    Daily Pivot Point S3: 1298.73
    Daily Pivot Point R1: 1315.03
    Daily Pivot Point R2: 1318.99
    Daily Pivot Point R3: 1323.18


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