Technical Analysis (Gold) : XAU/USD 17 December 2021

17 December 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 17 December 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 December 2021

Pivot point : 1790.00

Our preference : long positions above 1790.00 with targets at 1815.00 & 1821.00 in extension.

Alternative scenario : below 1790.00 look for further downside with 1781.00 & 1772.00 as targets.

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

Supports and resistances :

1828.00 **
1821.00 *
1815.00
1803.04 – Last price
1790.00
1781.00 *
1772.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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