Technical Analysis (Gold) : XAU/USD 21 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 November 2022

Pivot point : 1760.00

Our preference : short positions below 1760.00 with targets at 1736.00 & 1730.00 in extension.

Alternative scenario : above 1760.00 look for further upside with 1766.00 & 1772.00 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

1772.00 **
1766.00 *
1760.00
1746.42 – Last price
1736.00
1730.00 *
1724.00 **

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

Source : Trading Central

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