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

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 November 2022

Pivot point : 1759.00

Our preference : long positions above 1759.00 with targets at 1784.00 & 1795.00 in extension.

Alternative scenario : below 1759.00 look for further downside with 1752.00 & 1742.00 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

1803.00 **
1795.00 *
1784.00
1770.72 – Last price
1759.00
1752.00 *
1742.00 **

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

Source : Trading Central

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