Technical Analysis (Gold) : XAU/USD 1 December 2020

1 December 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 1 December 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 1 December 2020

Pivot point : 1764.00

Our preference : long positions above 1764.00 with targets at 1800.00 & 1818.00 in extension.

Alternative scenario : below 1764.00 look for further downside with 1757.00 & 1747.00 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1833.00 **
1818.00 *
1800.00
1784.49 – Last price
1764.00
1757.00 *
1747.00 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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