Technical Analysis (Gold) : XAU/USD 19 March 2020

19 March 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 19 March 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 March 2020

Pivot point : 1500.00

Our preference : short positions below 1500.00 with targets at 1451.00 & 1430.00 in extension.

Alternative scenario : above 1500.00 look for further upside with 1523.00 & 1546.00 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

1546.00 **
1523.00 *
1500.00
1474.00 – Last price
1451.00
1430.00 *
1400.00 **

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

Source : Trading Central

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