Bitcoin Gold / Dollar may rise to 32.19 - 32.77

Our pivot point stands at 30.27.

Our preference

Rebound towards 32.77.

Alternative scenario

Below 30.27, expect 29.29 and 28.71.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (31.03) but under its 50 period moving average (31.16).

Supports and resistances

33.93 **

33.35 *

32.77 **

32.19

31.03 last

30.65

30.27 **

29.29 *

28.71 **

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