11 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 11 September 2020
Pivot point : 1950.00
Our preference : short positions below 1950.00 with targets at 1934.00 & 1925.00 in extension.
Alternative scenario : above 1950.00 look for further upside with 1957.00 & 1966.50 as targets.
Comment : the RSI is bearish and calls for further downside.
Supports and resistances :
1966.50 **
1957.00 *
1950.00
1939.84 – Last price
1934.00
1925.00 *
1919.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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