Technical Analysis (Gold) : XAU/USD 19 January 2021

19 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 19 January 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 January 2021

Pivot point : 1829.00

Our preference : long positions above 1829.00 with targets at 1845.00 & 1850.00 in extension.

Alternative scenario : below 1829.00 look for further downside with 1823.00 & 1818.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1857.00 **
1850.00 *
1845.00
1837.97 – Last price
1829.00
1823.00 *
1818.00 **

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

Source : Trading Central

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