Bitcoin Gold / Dollar may rise to 35.82 - 36.46

33.51 is our pivot point.

Our preference

Rebound towards 36.46.

Alternative scenario

The downside breakout of 33.51 would call for 32.43 and 31.79.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 34.46 and 35.19).

Supports and resistances

37.75 **

37.11 *

36.46 **

35.82

34.42 last

33.94

33.51 **

32.43 *

31.79 **

Number of asterisks represents the strength of support and resistance levels.