Gold 4 Hour Price Update
Updated July 14, 2020 07:18 PM GMT (03:18 PM EST)
1801.55005 was the closing price of the four-hour candle for Gold, resulting in the current 4 hour candle being one in which price moved up 0.14% ($2.6) from the last 4 hour candle. Relative to other instruments in the metals asset class, Gold ranked 4th since the last 4 hour candle in terms of percentage price change.
Gold Daily Price Recap
Gold entered today at $1801.55005, up 0.14% ($2.6) from the previous day. Out of the 5 instruments in the metals asset class, Gold ended up ranking 4th for the day in terms of price change relative to the previous day. Here is a daily price chart of Gold.
Gold Technical Analysis
Volatility for Gold has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Gold’s price has gone up 9 of the previous 14 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
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