#XAUUSD @ 1,844.00 Gold Price Forecast: retreats further from two-week highs after US ISM Service PMI (Pivot Orderbook analysis)
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
The pair currently trades last at 1844.00.
The previous day high was 1839.02 while the previous day low was 1830.01. The daily 38.2% Fib levels comes at 1833.45, expected to provide support. Similarly, the daily 61.8% fib level is at 1835.58, expected to provide support.
Technical Levels: Supports and Resistances
XAUUSD currently trading at 1843.89 at the time of writing. Pair opened at 1836.18 and is trading with a change of 0.42 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1843.89 |
| 1 | Today Daily Change | 7.71 |
| 2 | Today Daily Change % | 0.42 |
| 3 | Today daily open | 1836.18 |
The pair is trading below its 20 Daily moving average @ 1844.18, below its 50 Daily moving average @ 1867.48 , above its 100 Daily moving average @ 1798.78 and above its 200 Daily moving average @ 1775.47
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1844.18 |
| 1 | Daily SMA50 | 1867.48 |
| 2 | Daily SMA100 | 1798.78 |
| 3 | Daily SMA200 | 1775.47 |
The previous day high was 1839.02 while the previous day low was 1830.01. The daily 38.2% Fib levels comes at 1833.45, expected to provide support. Similarly, the daily 61.8% fib level is at 1835.58, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1831.12, 1826.06, 1822.11
- Pivot resistance is noted at 1840.13, 1844.08, 1849.14
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1839.02 |
| Previous Daily Low | 1830.01 |
| Previous Weekly High | 1847.59 |
| Previous Weekly Low | 1808.99 |
| Previous Monthly High | 1959.80 |
| Previous Monthly Low | 1804.76 |
| Daily Fibonacci 38.2% | 1833.45 |
| Daily Fibonacci 61.8% | 1835.58 |
| Daily Pivot Point S1 | 1831.12 |
| Daily Pivot Point S2 | 1826.06 |
| Daily Pivot Point S3 | 1822.11 |
| Daily Pivot Point R1 | 1840.13 |
| Daily Pivot Point R2 | 1844.08 |
| Daily Pivot Point R3 | 1849.14 |
[/s2If]
Join Our Telegram Group
