Technical Analysis (Gold) : XAU/USD 20 October 2021

20 October 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 20 October 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 October 2021

Pivot point : 1766.00

Our preference : long positions above 1766.00 with targets at 1779.00 & 1785.00 in extension.

Alternative scenario : below 1766.00 look for further downside with 1759.00 & 1752.00 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

1791.00 **
1785.00 *
1779.00
1774.30 – Last price
1766.00
1759.00 *
1752.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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