Date : 15 December 2021
Pivot point : 0.7120
Our preference : short positions below 0.7120 with targets at 0.7090 & 0.7075 in extension.
Alternative scenario : above 0.7120 look for further upside with 0.7140 & 0.7155 as targets.
Comment : as long as 0.7120 is resistance, look for choppy price action with a bearish bias.
Supports and resistances :
0.7115 – Last price
Warning : This information isn’t a buy-sell signal.
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 November 15, 2021 (Gold consolidates before the huge move & US dollar reverses)