18 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 18 November 2020
Pivot point : 1887.00
Our preference : short positions below 1887.00 with targets at 1872.00 & 1864.00 in extension.
Alternative scenario : above 1887.00 look for further upside with 1894.00 & 1899.00 as targets.
Comment : the RSI is bearish and calls for further downside.
Supports and resistances :
1899.00 **
1894.00 *
1887.00
1878.44 – Last price
1872.00
1864.00 *
1855.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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