Technical Analysis (Gold) : XAU/USD 14 March 2022

14 March 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 14 March 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 14 March 2022

Pivot point : 1990.00

Our preference : short positions below 1990.00 with targets at 1958.00 & 1939.00 in extension.

Alternative scenario : above 1990.00 look for further upside with 2009.00 & 2021.00 as targets.

Comment : as long as the resistance at 1990.00 is not surpassed, the risk of the break below 1958.00 remains high.

Supports and resistances :

2021.00 **
2009.00 *
1990.00
1972.85 – Last price
1958.00
1939.00 *
1928.00 **

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

Source : Trading Central

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