Bitcoin Gold / Dollar may rise to 35.87 - 36.52

Our pivot point stands at 33.47.

Our preference

Rebound towards 36.52.

Alternative scenario

Below 33.47, expect 32.40 and 31.76.

Comment

The RSI is below 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 34.49 and 34.79).

Supports and resistances

37.81 **

37.16 *

36.52 **

35.87

34.44 last

33.90

33.47 **

32.40 *

31.76 **

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