Technical Analysis (Gold) : XAU/USD 17 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 March 2023

Pivot point : 1914.00

Our preference : long positions above 1914.00 with targets at 1937.00 & 1945.00 in extension.

Alternative scenario : below 1914.00 look for further downside with 1905.00 & 1896.00 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1953.00 **
1945.00 *
1937.00
1928.64 – Last price
1914.00
1905.00 *
1896.00 **

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.