Technical Analysis (Gold) : XAU/USD 15 January 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 January 2021

Pivot point : 1840.00

Our preference : long positions above 1840.00 with targets at 1864.00 & 1877.00 in extension.

Alternative scenario : below 1840.00 look for further downside with 1828.00 & 1816.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1894.00 **
1877.00 *
1864.00
1851.38 – Last price
1840.00
1828.00 *
1816.00 **

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

Source : Trading Central

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