OctaFX | OctaFX Forex Broker
Open trading account

Gold Technical Analysis: Yellow Metal getting ready to pop to $1,246.00/oz

Gold daily chart

  • Gold is trading above the 200-day simple moving average. 

Gold 4-hour chart

  • The momentum is bullish as the yellow metal is trading above the 50 SMA. 

Gold 30-minute chart

  • Gold is finding some support at the 200 SMA. 
  • The bull target can be near $1,246.00 a troy ounce.

Additional key levels


    Today Last Price: 1242.5
    Today Daily change: -1.8e+2 pips
    Today Daily change %: -0.148%
    Today Daily Open: 1244.34
    Previous Daily SMA20: 1226.37
    Previous Daily SMA50: 1224.54
    Previous Daily SMA100: 1211.92
    Previous Daily SMA200: 1232.22
    Previous Daily High: 1250.85
    Previous Daily Low: 1241.8
    Previous Weekly High: 1250.1
    Previous Weekly Low: 1221.39
    Previous Monthly High: 1237.4
    Previous Monthly Low: 1196.4
    Previous Daily Fibonacci 38.2%: 1245.26
    Previous Daily Fibonacci 61.8%: 1247.39
    Previous Daily Pivot Point S1: 1240.48
    Previous Daily Pivot Point S2: 1236.62
    Previous Daily Pivot Point S3: 1231.43
    Previous Daily Pivot Point R1: 1249.53
    Previous Daily Pivot Point R2: 1254.71
    Previous Daily Pivot Point R3: 1258.58


Eurozone: Underlying health of the economy should display resilience in coming quarters - Wells Fargo

According to analysts from Wells Fargo, growth prospects could remain subdued in the near-term in the Eurozone; however, they consider the expansion s
Read more Previous

GBPUSD below 1.2500 on no-confidence vote headlines

With no official announcement just yet, there are multiple reports citing different sources indicating that the 48-letter threshold has been reached t
Read more Next
Start livechat