Technical Analysis (Gold) : XAU/USD 15 April 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 April 2020

Pivot point : 1715.00

Our preference : long positions above 1715.00 with targets at 1738.00 & 1747.00 in extension.

Alternative scenario : below 1715.00 look for further downside with 1706.00 & 1696.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1758.00 **
1747.00 *
1738.00
1725.10 – Last price
1715.00
1706.00 *
1696.00 **

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

Source : Trading Central

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