Technical Analysis (Gold) : XAU/USD 20 June 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 June 2022

Pivot point : 1851.00

Our preference : short positions below 1851.00 with targets at 1833.00 & 1825.00 in extension.

Alternative scenario : above 1851.00 look for further upside with 1858.00 & 1865.00 as targets.

Comment : intraday technical indicators are mixed.

Supports and resistances :

1865.00 **
1858.00 *
1851.00
1844.89 – Last price
1833.00
1825.00 *
1816.00 **

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

Source : Trading Central

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