Technical Analysis (Gold) : XAU/USD 22 June 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 June 2020

Pivot point : 1743.00

Our preference : long positions above 1743.00 with targets at 1759.00 & 1765.00 in extension.

Alternative scenario : below 1743.00 look for further downside with 1738.00 & 1732.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1772.00 **
1765.00 *
1759.00
1752.39 – Last price
1743.00
1738.00 *
1732.00 **

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

Source : Trading Central

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