Gold technical analysis: Yellow metal gets intraday boost above the 1,400.00 figure

  • Gold is spiking up and nearing 1,414.00 and 1,420.00 resistances. 
  • The main support is seen at the 1,400.00 figure.

Gold daily chart

Gold is currently consolidating gains in a triangle above its main daily simple moving averages (DSMAs)

Gold 4-hour chart

The market is trading above the 1,400.00 mark and the main SMAs suggesting bullish momentum in the medium term.

Gold 30-minute chart

Gold is having an intraday boost within its weekly range. Resistance can be seen at 1,1414.00 and 1,1420.00. On the other hand the main support is seen at the 1,1400.00 handle.

Additional key levels to consider


Today last price 1411.84
Today Daily Change 5.66
Today Daily Change % 0.40
Today daily open 1406.18
Daily SMA20 1405.48
Daily SMA50 1345.32
Daily SMA100 1319.39
Daily SMA200 1290.34
Previous Daily High 1418.3
Previous Daily Low 1401.4
Previous Weekly High 1427.05
Previous Weekly Low 1386.34
Previous Monthly High 1438.66
Previous Monthly Low 1306.18
Daily Fibonacci 38.2% 1407.85
Daily Fibonacci 61.8% 1411.84
Daily Pivot Point S1 1398.95
Daily Pivot Point S2 1391.73
Daily Pivot Point S3 1382.06
Daily Pivot Point R1 1415.85
Daily Pivot Point R2 1425.52
Daily Pivot Point R3 1432.74



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