Technical Analysis (Gold) : XAU/USD 20 March 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 March 2020

Pivot point : 1465.00

Our preference : long positions above 1465.00 with targets at 1496.00 & 1510.00 in extension.

Alternative scenario : below 1465.00 look for further downside with 1451.00 & 1430.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1523.00 **
1510.00 *
1496.00
1486.49 – Last price
1465.00
1451.00 *
1430.00 **

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

Source : Trading Central

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