18 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 18 August 2020
Pivot point : 1976.00
Our preference : long positions above 1976.00 with targets at 2003.00 & 2015.00 in extension.
Alternative scenario : below 1976.00 look for further downside with 1966.00 & 1956.00 as targets.
Comment : the RSI is mixed with a bullish bias.
Supports and resistances :
2030.00 **
2015.00 *
2003.00
1991.56 – Last price
1976.00
1966.00 *
1956.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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