Technical Analysis (Gold) : XAU/USD 11 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 11 November 2022

Pivot point : 1736.00

Our preference : long positions above 1736.00 with targets at 1766.00 & 1780.00 in extension.

Alternative scenario : below 1736.00 look for further downside with 1722.00 & 1710.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1794.00 **
1780.00 *
1766.00
1749.40 – Last price
1736.00
1722.00 *
1710.00 **

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

Source : Trading Central

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