Technical Analysis (Gold) : XAU/USD 19 September 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 September 2022

Pivot point : 1679.00

Our preference : short positions below 1679.00 with targets at 1654.00 & 1646.00 in extension.

Alternative scenario : above 1679.00 look for further upside with 1689.00 & 1697.00 as targets.

Comment : the RSI calls for a new downleg.

Supports and resistances :

1697.00 **
1689.00 *
1679.00
1665.43 – Last price
1654.00
1646.00 *
1637.00 **

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

Source : Trading Central

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