22 December 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 22 December 2020
Pivot point : 1884.00
Our preference : Short positions below 1884.00 with targets at 1868.00 & 1855.00 in extension.
Alternative scenario : Above 1884.00 look for further upside with 1893.00 & 1906.00 as targets.
Comment : As long as 1884.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances :
1906.00 **
1893.00 *
1884.00
1873.54 – Last price
1868.00
1855.00 *
1844.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.