12 February 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 12 February 2021
Pivot point : 1831.00
Our preference : short positions below 1831.00 with targets at 1818.00 & 1808.00 in extension.
Alternative scenario : above 1831.00 look for further upside with 1838.00 & 1847.00 as targets.
Comment : the RSI is bearish and calls for further downside.
Supports and resistances :
1847.00 **
1838.00 *
1831.00
1822.06 – Last price
1818.00
1808.00 *
1784.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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