Gold technical analysis — Nigeria
Every indicator below is calculated from 295 real daily closes — no opinions, just the arithmetic. Currently 9 of 11 indicators read bullish and 1 read bearish.
9 bullish · 1 neutral · 1 bearish
Now ₦183,148 per gram (22K)
Moving averages
Price above an average reads bullish for that period; below it reads bearish.
| Period | Value | vs price | Reading |
|---|---|---|---|
| SMA 5 | ₦179,793 | +1.87% | Bullish |
| SMA 10 | ₦177,221 | +3.34% | Bullish |
| SMA 20 | ₦172,181 | +6.37% | Bullish |
| SMA 50 | ₦166,754 | +9.83% | Bullish |
| SMA 100 | ₦174,621 | +4.88% | Bullish |
| SMA 200 | ₦179,326 | +2.13% | Bullish |
| EMA 12 | ₦176,652 | +3.68% | Bullish |
| EMA 26 | ₦172,329 | +6.28% | Bullish |
Oscillators
| Indicator | Value | Condition | Reading |
|---|---|---|---|
| RSI (14) | 65.01 | Neutral range | Neutral |
| MACD (12,26,9) | 108.66 | Signal 77.60 · histogram +31.06 | Bullish |
| Stochastic %K (14) | 94.84 | Overbought | Bearish |
Support and resistance
Classic floor-trader pivots from the recent range, in NGN per gram.
Volatility
Average daily move over the last 14 sessions: ₦2,131. Computed close-to-close — only closing prices are stored, so this is a conservative reading of true range.
Gold performance
Gold questions people are searching
Each one is answered on its own page, from the same live data as the table above.