It should be noted that the middle band of the Bollinger on four-hour (4H) joins the 50-DMA to highlight $1,930-31 as an extra filter towards the north.
In the same way, the 200-DMA joins the Pivot Point one-week S1 and Fibonacci 23.6% on one-day to signal $1,918 as immediate support.
It’s worth observing that the Fibonacci 38.2% on one-week and 161.8% on one-day also acts as an upside filter near $1,938 before directing the Gold buyers toward the $1,950 hurdle.
Gold buy 1918-1915
Target 1926
Target 1950