Gold Technical Analysis: Yellow Metal bears eyeing the 1,280.00 level
Gold daily chart
- Gold is trading in a bull trend above the 200-period simple moving average (SMA).
Gold 4-hour chart
- Gold is trading above its main SMAs suggesting bullish momentum.
- Gold is now testing the 50 SMA.
Gold 30-minute chart
- Gold broke below the 200 SMA potentially opening the door to the 1,280.00 level to the downside.
Additional key levels
XAU/USD
Overview:
Today Last Price: 1286.3
Today Daily change: -7.3e+2 pips
Today Daily change %: -0.563%
Today Daily Open: 1293.58
Trends:
Previous Daily SMA20: 1269.6
Previous Daily SMA50: 1242.3
Previous Daily SMA100: 1226.7
Previous Daily SMA200: 1229.12
Levels:
Previous Daily High: 1293.95
Previous Daily Low: 1280.29
Previous Weekly High: 1298.42
Previous Weekly Low: 1276.82
Previous Monthly High: 1284.7
Previous Monthly Low: 1221.39
Previous Daily Fibonacci 38.2%: 1288.73
Previous Daily Fibonacci 61.8%: 1285.51
Previous Daily Pivot Point S1: 1284.6
Previous Daily Pivot Point S2: 1275.61
Previous Daily Pivot Point S3: 1270.94
Previous Daily Pivot Point R1: 1298.26
Previous Daily Pivot Point R2: 1302.94
Previous Daily Pivot Point R3: 1311.92