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

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

Forex Technical Analysis : XAUUSD 19 November 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 November 2021

Pivot point : 1865.50

Our preference : short positions below 1865.50 with targets at 1854.50 & 1848.50 in extension.

Alternative scenario : above 1865.50 look for further upside with 1870.00 & 1875.00 as targets.

Comment : as long as 1865.50 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1875.00 **
1870.00 *
1865.50
1861.17 – Last price
1854.50
1848.50 *
1842.00 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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