7:53 AM · 13 May 2021

Chart of the day - GOLD (13.05.2021)

GOLD
Commodities
-
-

Precious metals pulled back yesterday as the US dollar strengthened. Gold jumped following the release of US data but buyers were unable to push the price above the resistance zone at $1,845 and bears took over. Gold dropped over 1% on Wednesday.

Taking a look at the technical situation on GOLD at H1 interval, we can see that downward move has reached a key support zone that was tested on Tuesday as well. In case the price zone at $1,817 holds, an upward impulse may be launched. On the other hand, breaking below this area could pave the way for a deeper decline towards the next support - $1,798.

Source: xStation5

24 October 2025, 4:22 PM

3 markets to watch next week (24.10.2024)

24 October 2025, 7:53 AM

Chart of the day: GOLD (24.10.2025)

23 October 2025, 4:12 PM

NATGAS loses after the EIA inventories report

23 October 2025, 2:05 PM

BREAKING: OIL gain extends to 3.5% 📈Chinese state companies stop Russian oil purchases

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits