Date : 4 March 2020
Pivot point : 8664
Our preference : the upside prevails as long as 8664 is support.
Alternative scenario : below 8664, expect 8496 and 8395.
Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 8782 and 8779).
Supports and resistances :
8811 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.
FBS : Daily trading plan for September 15, 2021 (Chinese economy is about to crash and gold is ready to move)