BTC $65,051.00 ▲ 0.54% ETH $1,917.96 ▲ 0.27% USDT $0.9993 ▲ 0.02% BNB $591.69 ▼ 0.31% XRP $1.03 ▼ 1.93% SOL $73.86 ▲ 0.61% DOGE $0.0699 ▲ 1.21% SHIB $0.0000046 ▼ 2.06% PEPE $0.00000282 ▲ 0.48% BTC $65,051.00 ▲ 0.54% ETH $1,917.96 ▲ 0.27% USDT $0.9993 ▲ 0.02% BNB $591.69 ▼ 0.31% XRP $1.03 ▼ 1.93% SOL $73.86 ▲ 0.61% DOGE $0.0699 ▲ 1.21% SHIB $0.0000046 ▼ 2.06% PEPE $0.00000282 ▲ 0.48%
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Piyasa Stablecoin

XAUUSD: Is this rally over?

XAUUSD: Is this rally over?

GOLD / U.S. DOLLAR FX_IDC:XAUUSD

Gold is bullish on its 1D technical outlook (RSI = 66.282, MACD = 19.330, ADX = 27.965) but the rally could be approaching its end as it is about to hit the top of the March Channel Down. If broken the last Resistance before a complete long term bullish reversal will be the 1D MA200. Since the 1W MA100 supported in June and July, target the 1W MA100 (TP = 3,800) only if broken.


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