Bitcoin Gold / Dollar may rise to 27.22 - 27.71

Our pivot point is at 25.30.

Our preference

Our next up target stands at 27.71.

Alternative scenario

Below 25.30, expect 24.49 and 24.00.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 25.31 and 26.01).

Supports and resistances

28.69 **

28.20 *

27.71 **

27.22

26.10 last

25.62

25.30 **

24.49 *

24.00 **

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