19 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 19 October 2020
Pivot point : 1911.00
Our preference : short positions below 1911.00 with targets at 1897.00 & 1889.00 in extension.
Alternative scenario : above 1911.00 look for further upside with 1920.00 & 1925.00 as targets.
Comment : as long as 1911.00 is resistance, expect a return to 1897.00.
Supports and resistances :
1925.00 **
1920.00 *
1911.00
1902.87 – Last price
1897.00
1889.00 *
1882.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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