Bitcoin Gold / Dollar may rise to 34.65 - 35.27

32.57 is our pivot point.

Our preference

As long as 32.57 is support look for 35.27.

Alternative scenario

The downside breakout of 32.57 would call for 31.52 and 30.90.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 33.18 and 32.37).

Supports and resistances

36.52 **

35.90 *

35.27 **

34.65

33.39 last

32.98

32.57 **

31.52 *

30.90 **

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