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

21 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 21 September 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 September 2020

Pivot point : 1960.00

Our preference : short positions below 1960.00 with targets at 1942.00 & 1932.00 in extension.

Alternative scenario : above 1960.00 look for further upside with 1966.00 & 1973.00 as targets.

Comment : a break below 1942.00 would trigger a drop towards 1932.00.

Supports and resistances :

1973.00 **
1966.00 *
1960.00
1950.92 – Last price
1942.00
1932.00 *
1919.00 **

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

Source : Trading Central

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