Technical Analysis (Gold) : XAU/USD 2 November 2020

2 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 2 November 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 November 2020

Pivot point : 1873.00

Our preference : long positions above 1873.00 with targets at 1890.00 & 1898.00 in extension.

Alternative scenario : below 1873.00 look for further downside with 1864.00 & 1859.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1904.00 **
1898.00 *
1890.00
1882.62 – Last price
1873.00
1864.00 *
1859.00 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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