Technical Analysis (Gold) : XAU/USD 21 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 March 2023

Pivot point : 1989.00

Our preference : short positions below 1989.00 with targets at 1965.00 & 1955.00 in extension.

Alternative scenario : above 1989.00 look for further upside with 2000.00 & 2009.00 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

2009.00 **
2000.00 *
1989.00
1983.29 – Last price
1965.00
1955.00 *
1945.00 **

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

Source : Trading Central

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