Technical Analysis (Gold) : XAU/USD 21 July 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 July 2020

Pivot point : 1811.50

Our preference : long positions above 1811.50 with targets at 1820.50 & 1828.00 in extension.

Alternative scenario : below 1811.50 look for further downside with 1807.50 & 1803.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1836.00 **
1828.00 *
1820.50
1818.34 – Last price
1811.50
1807.50 *
1803.00 **

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

Source : Trading Central

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