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

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 September 2022

Pivot point : 1700.00

Our preference : short positions below 1700.00 with targets at 1684.00 & 1678.00 in extension.

Alternative scenario : above 1700.00 look for further upside with 1709.00 & 1715.00 as targets.

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

Supports and resistances :

1715.00 **
1709.00 *
1700.00
1721.40 – Last price
1690.90
1678.00 *
1672.00 **

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

Source : Trading Central

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