Gold prices are trading in today’s European session below 2710 levels.
Gold prices were a little lower but near a five-week peak on Thursday, as risk appetite increased ahead of a European Central Bank monetary policy decision and investors awaited U.S. PPI data for signals on the Federal Reserve's interest rate outlook.
| Support & Resistance | Level | Explanation |
| Resistance 2 | 2737.94 | Daily R2 |
| Resistance 1 | 2725.97 | Daily R1 |
| Support 1 | 2694.03 | Daily S1 |
| Support 2 | 2682.06 | Daily S2 |
| Indicator | Signal |
| SMA 20 | Buy |
| SMA 50 | Buy |
| SMA 100 | Buy |
| MACD( 12;26;9) | Buy |
| RSI (14) | Sell |
| Stochastic ( 9;6;3) | Sell |
| Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
| MACD( 12;26;9) | Buy | Buy | Buy |
| RSI (14) | Sell | Buy | Buy |
| SMA 20 | Buy | Buy | Buy |
| Buy |
|