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

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 September 2022

Pivot point : 1665.00

Our preference : long positions above 1665.00 with targets at 1680.00 & 1690.00 in extension.

Alternative scenario : below 1665.00 look for further downside with 1659.00 & 1653.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1698.00 **
1690.00 *
1680.00
1674.01 – Last price
1665.00
1659.00 *
1653.00 **

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

Source : Trading Central

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