Technical Analysis (Gold) : XAU/USD 10 December 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 10 December 2020

Pivot point : 1850.00

Our preference : short positions below 1850.00 with targets at 1825.00 & 1815.00 in extension.

Alternative scenario : above 1850.00 look for further upside with 1865.00 & 1875.00 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

1875.00 **
1865.00 *
1850.00
1837.49 – Last price
1825.00
1815.00 *
1806.00 **

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

Source : Trading Central

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