2 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 2 July 2020
Pivot point : 1778.00
Our preference : short positions below 1778.00 with targets at 1759.00 & 1747.00 in extension.
Alternative scenario : above 1778.00 look for further upside with 1789.00 & 1796.00 as targets.
Comment : the RSI lacks upward momentum.
Supports and resistances :
1796.00 **
1789.00 *
1778.00
1767.86 – Last price
1759.00
1747.00 *
1741.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.