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

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 November 2022

Pivot point : 1776.00

Our preference : short positions below 1776.00 with targets at 1752.00 & 1746.00 in extension.

Alternative scenario : above 1776.00 look for further upside with 1786.00 & 1795.00 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

1795.00 **
1786.00 *
1776.00
1763.60 – Last price
1752.00
1746.00 *
1740.00 **

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

Source : Trading Central

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