19 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 19 November 2020
Pivot point : 1874.00
Our preference : short positions below 1874.00 with targets at 1855.00 & 1848.00 in extension.
Alternative scenario : above 1874.00 look for further upside with 1885.00 & 1892.00 as targets.
Comment : the RSI is bearish and calls for further downside.
Supports and resistances :
1892.00 **
1885.00 *
1874.00
1861.95 – Last price
1855.00
1848.00 *
1840.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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