Technical Analysis (Gold) : XAU/USD 17 February 2022

17 February 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 17 February 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 February 2022

Pivot point : 1864.00

Our preference : long positions above 1864.00 with targets at 1888.00 & 1894.00 in extension.

Alternative scenario : below 1864.00 look for further downside with 1857.00 & 1850.00 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

1900.00 **
1894.00 *
1888.00
1875.62 – Last price
1864.00
1857.00 *
1850.00 **

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

Source : Trading Central

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