Gold Technical Analysis: Yellow Metal bulls looking for a breakout above 1,332.00 key resistance
Gold daily chart
- Gold is trading in a bull leg above the main simple moving averages (SMAs).
Gold 4-hour chart
- Gold is trading above its main SMAs suggesting a bullish bias in the medium-term.
Gold 30-minute chart
- Gold is trading between the 100 and 200 SMAs suggesting sideways action in the short-term.
- Key resistance to break for bulls is 1,332.00 level. The short-term target to the upside is at 1,336.00 level.
- Key support is at 1,320.00 and 1,315 level.
Additional key levels
XAU/USD
Overview:
Today Last Price: 1326.9
Today Daily change %: -0.12%
Today Daily Open: 1328.48
Trends:
Daily SMA20: 1317.9
Daily SMA50: 1294.28
Daily SMA100: 1260.24
Daily SMA200: 1234.53
Levels:
Previous Daily High: 1333.11
Previous Daily Low: 1321.85
Previous Weekly High: 1346.85
Previous Weekly Low: 1320.72
Previous Monthly High: 1326.25
Previous Monthly Low: 1275.9
Daily Fibonacci 38.2%: 1328.81
Daily Fibonacci 61.8%: 1326.15
Daily Pivot Point S1: 1322.52
Daily Pivot Point S2: 1316.55
Daily Pivot Point S3: 1311.26
Daily Pivot Point R1: 1333.78
Daily Pivot Point R2: 1339.07
Daily Pivot Point R3: 1345.04