Gold technical analysis — Nigeria
Every indicator below is calculated from 259 real daily closes — no opinions, just the arithmetic. Currently 8 of 11 indicators read bullish and 1 read bearish.
8 bullish · 2 neutral · 1 bearish
Now ₦184,725 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 | ₦184,607 | +0.06% | Neutral |
| SMA 10 | ₦181,510 | +1.77% | Bullish |
| SMA 20 | ₦176,038 | +4.93% | Bullish |
| SMA 50 | ₦168,010 | +9.95% | Bullish |
| SMA 100 | ₦174,716 | +5.73% | Bullish |
| SMA 200 | ₦179,884 | +2.69% | Bullish |
| EMA 12 | ₦180,832 | +2.15% | Bullish |
| EMA 26 | ₦175,832 | +5.06% | Bullish |
Oscillators
| Indicator | Value | Condition | Reading |
|---|---|---|---|
| RSI (14) | 63.22 | Neutral range | Neutral |
| MACD (12,26,9) | 125.64 | Signal 103.42 · histogram +22.22 | Bullish |
| Stochastic %K (14) | 82.38 | 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: ₦1,796. 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.