Yellow Metal is under pressure below the 1,290.00 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 while it is testing the 50 SMA. 
  • Gold is trading just below the 1,290.00 level.

Gold 30-minute chart

  • Gold bears would need to break below the 200 SMA to open the doors to the 1,280.00 level to the downside.

  
Additional key levels

XAU/USD

Overview:
    Today Last Price: 1289.26
    Today Daily change: 3.0e+2 pips
    Today Daily change %: 0.230%
    Today Daily Open: 1286.3
Trends:
    Previous Daily SMA20: 1271.77
    Previous Daily SMA50: 1243.49
    Previous Daily SMA100: 1227.63
    Previous Daily SMA200: 1229.07
Levels:
    Previous Daily High: 1297.15
    Previous Daily Low: 1286.25
    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%: 1290.41
    Previous Daily Fibonacci 61.8%: 1292.99
    Previous Daily Pivot Point S1: 1282.65
    Previous Daily Pivot Point S2: 1279
    Previous Daily Pivot Point S3: 1271.75
    Previous Daily Pivot Point R1: 1293.55
    Previous Daily Pivot Point R2: 1300.8
    Previous Daily Pivot Point R3: 1304.45

 



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