12 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 12 January 2021
Pivot point : 1834.00
Our preference : long positions above 1834.00 with targets at 1877.00 & 1894.00 in extension.
Alternative scenario : below 1834.00 look for further downside with 1816.00 & 1800.00 as targets.
Comment : the RSI calls for a rebound.
Supports and resistances :
1910.00 **
1894.00 *
1877.00
1856.92 – Last price
1834.00
1816.00 *
1800.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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