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

Forex Technical Analysis : XAUUSD (Gold)

Date : 10 July 2020

Pivot point : 1809.00

Our preference : short positions below 1809.00 with targets at 1795.00 & 1787.00 in extension.

Alternative scenario : above 1809.00 look for further upside with 1818.00 & 1825.00 as targets.

Comment : a break below 1795.00 would trigger a drop towards 1787.00.

Supports and resistances :

1825.00 **
1818.00 *
1809.00
1801.05 – Last price
1795.00
1787.00 *
1779.00 **

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

Source : Trading Central

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