Technical Analysis (Gold) : XAU/USD 13 March 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 13 March 2020

Pivot point : 1555.00

Our preference : long positions above 1555.00 with targets at 1610.00 & 1630.00 in extension.

Alternative scenario : below 1555.00 look for further downside with 1542.00 & 1529.00 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1650.00 **
1630.00 *
1610.00
1582.50 – Last price
1555.00
1542.00 *
1529.00 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.