- Gold near 200 Hour SMA. Trading above 200 Hour SMA will turn the hour trend in favor of Gold bulls.
- Gold testing 100 Hour SMA.
- Price has crossed the hourly cloud. Next resistance on chart is near 1560 - 1565 level if this is taken out price may move towards 200 Hour SMA.
- Unable to trade above 100 Hour SMA and 1565 may result in a sell off.