21 December 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 21 December 2021
Pivot point : 1787.00
Our preference : long positions above 1787.00 with targets at 1797.00 & 1803.00 in extension.
Alternative scenario : below 1787.00 look for further downside with 1782.00 & 1776.00 as targets.
Comment : a support base at 1787.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances :
1809.00 **
1803.00 *
1797.00
1792.36 – Last price
1787.00
1782.00 *
1776.00 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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