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Gold Bullish Momentum: 2.76% Up Since The Last Session

Gold Bullish Momentum: 2.76% Up Since The Last Session

Gold is currently on bullish momentum. At 16:00 EST on Monday, 4 January, Gold is at $1,947.40 and 2.76% up since the last session's close.

Gold Range

Gold is 2.167% up from its last session low of $1,906.10 and 1.485% up from its last session high of $1,918.90.

Gold is 1.49% up from its last three sessions higher value of $1,918.90 and is 3.09% up from its last three sessions lower value of $1,889.10.

Gold is 1.49% up from its last seven sessions higher value of $1,918.90 and is 3.97% up from its last seven sessions lower value of $1,873.10.

Gold is 1.49% up from its last month's higher value of $1,918.90 and is 6.60% up from its last month's lower value of $1,826.80.

Volatility

Gold's last day, last week, and last month's average volatility was 1.33%, 0.70%, and 0.41%, respectively.

Gold's last day, last week, and last month's high and low average amplitude percentage was 0.67%, 0.40%, and 0.36%, respectively.

Last news about Gold

Gold miner etfs surge to ring in the new year. According to MarketWatch on Monday, 4 January, "The iShares MSCI Global Gold Miners ETF jumped 6.5% in midmorning trade, while the VanEck Vectors Gold Miners ETF was up 5.5% and the Sprott Gold Miners ETF gained 4.6%. "

Gold price forecast: xau/usd surges up to fibonacci resistance. According to DailyFX on Monday, 4 January, "If bulls are able to retain control of this Gold breakout in early-2021 trade, the next big levels of potential resistance may show around 1965, which is the current three-month-high; followed by 1979 which is the 23.6% Fibonacci retracement of the same June-August major move. ", "It's been fast start to the year, particularly in Bitcoin and Gold: Gold prices have wasted no time in breaking out to begin 2021 trade. "