- There has been some outflows away from safe-haven assets today gold is 0.62% lower.
- The precious metal is testing the USD 1458.23 support level at the moment.
Gold Daily Chart
Gold has had a very hard time over the last four sessions losing around 3.4% of its value.
The chart is now showing that the key support zone of USD 1458.23 per ounce might get broken to the downside.
There has been a pattern of lower highs but the support zone has always been intact.
Now if there is a break it could confirm the technically bearish tone.
On the weekly charts, the next prominent support level is USD 1375.12 per ounce.
|Today last price||1460.2|
|Today Daily Change||-7.79|
|Today Daily Change %||-0.53|
|Today daily open||1467.99|
|Previous Daily High||1492.2|
|Previous Daily Low||1461.14|
|Previous Weekly High||1515.38|
|Previous Weekly Low||1481.1|
|Previous Monthly High||1519.04|
|Previous Monthly Low||1455.5|
|Daily Fibonacci 38.2%||1473|
|Daily Fibonacci 61.8%||1480.33|
|Daily Pivot Point S1||1455.35|
|Daily Pivot Point S2||1442.71|
|Daily Pivot Point S3||1424.28|
|Daily Pivot Point R1||1486.41|
|Daily Pivot Point R2||1504.84|
|Daily Pivot Point R3||1517.48|
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