Technical Analysis (Gold) : XAU/USD 15 December 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 December 2022

Pivot point : 1808.00

Our preference : short positions below 1808.00 with targets at 1785.00 & 1776.00 in extension.

Alternative scenario : above 1808.00 look for further upside with 1815.00 & 1824.00 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

1824.00 **
1815.00 *
1808.00
1794.30 – Last price
1785.00
1776.00 *
1763.00 **

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

Source : Trading Central

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