Gold / Singapore Dollar (XAUSGD) last traded at 5163.1, up 66.02% on the session as recorded by our price feed.

Trend and moving averages

With only 82 daily bars available, our read is that there is insufficient history for a long-term trend call, and the 200-day average is not yet computed. Against the shorter averages the current price sits well above both: 26.0% above the 20-day SMA (4097.64) and 23.36% above the 50-day SMA (4185.53). Both averages are therefore stacked below the last price at this reading.

Momentum and volatility

The 14-day RSI is 54.3, a neutral reading within the 30-70 band, so momentum is neither stretched into overbought nor oversold territory. Volatility, by contrast, is notably wide: the 14-day ATR is 2182.89 in price terms, equivalent to 42.28% of the current price. That is a large average-range figure relative to the last price, indicating the recent daily bars have spanned a wide distance.

Range and levels

Price sits 16.67% below its 52-week high of 6195.67 and 69.37% above its 52-week low of 3048.39. The nearest 20-day swing high is 5429.24, with the 20-day swing low at 3048.39. Looking back over 60 days, the swing high is 6058.39 and the swing low again 3048.39. These are reference points drawn from the data, not levels we are calling as support or resistance.

Over the longer windows in our data, XAUSGD shows gains of 67.03% on the week, 66.95% on the month and 39.36% on the quarter.

Descriptive technical summary generated by the ForexBullion Research Team from our own price feed. Not investment advice.