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

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

Forex Technical Analysis : XAUUSD 17 March 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 March 2022

Pivot point : 1915.00

Our preference : long positions above 1915.00 with targets at 1954.00 & 1967.00 in extension.

Alternative scenario : below 1915.00 look for further downside with 1895.00 & 1881.00 as targets.

Comment : the RSI is bullish and calls for further upside. (Be aware! switch to downtrend.)

Supports and resistances :

1976.00 **
1967.00 *
1954.00
1935.67 – Last price
1915.00
1895.00 *
1881.00 **

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

Source : Trading Central

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