Technical Analysis (Gold) : XAU/USD 18 March 2021

18 March 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 18 March 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 March 2021

Pivot point : 1738.00

Our preference : long positions above 1738.00 with targets at 1757.00 & 1767.00 in extension.

Alternative scenario : below 1738.00 look for further downside with 1729.00 & 1721.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1780.00 **
1767.00 *
1757.00
1748.99 – Last price
1738.00
1729.00 *
1721.00 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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