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

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

Forex Technical Analysis : XAUUSD 1 July 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 1 July 2020

Pivot point : 1772.00

Our preference : long positions above 1772.00 with targets at 1793.00 & 1800.00 in extension.

Alternative scenario : below 1772.00 look for further downside with 1764.00 & 1758.00 as targets.

Comment : the RSI is bullish and calls for further upside.

Supports and resistances :

1805.00 **
1800.00 *
1793.00
1783.33 – Last price
1772.00
1764.00 *
1758.00 **

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

Source : Trading Central

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