Technical Analysis (Gold) : XAU/USD 10 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 10 November 2022

Pivot point : 1722.00

Our preference : short positions below 1722.00 with targets at 1695.00 & 1682.00 in extension.

Alternative scenario : above 1722.00 look for further upside with 1734.00 & 1745.00 as targets.

Comment : as long as 1722.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1745.00 **
1734.00 *
1722.00
1707.67 – Last price
1695.00
1682.00 *
1665.00 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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