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

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

Forex Technical Analysis : XAUUSD 19 March 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 March 2021

Pivot point : 1730.00

Our preference : long positions above 1730.00 with targets at 1755.00 & 1765.00 in extension.

Alternative scenario : below 1730.00 look for further downside with 1724.00 & 1719.00 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

1778.00 **
1765.00 *
1755.00
1742.61 – Last price
1730.00
1724.00 *
1719.00 **

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

Source : Trading Central

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