Technical Analysis (Gold) : XAU/USD 22 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 March 2023

Pivot point : 1963.00

Our preference : short positions below 1963.00 with targets at 1926.00 & 1914.00 in extension.

Alternative scenario : above 1963.00 look for further upside with 1974.00 & 1985.00 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

1985.00 **
1974.00 *
1963.00
1941.09 – Last price
1926.00
1914.00 *
1907.00 **

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

Source : Trading Central

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