Technical Analysis (Gold) : XAU/USD 14 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 14 March 2023

Pivot point : 1893.00

Our preference : long positions above 1893.00 with targets at 1914.00 & 1923.00 in extension.

Alternative scenario : below 1893.00 look for further downside with 1883.00 & 1872.00 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

1936.00 **
1923.00 *
1914.00
1901.76 – Last price
1893.00
1883.00 *
1872.00 **

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

Source : Trading Central

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