Technical Analysis (Gold) : XAU/USD 22 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 November 2022

Pivot point : 1737.00

Our preference : long positions above 1737.00 with targets at 1753.00 & 1760.00 in extension.

Alternative scenario : below 1737.00 look for further downside with 1731.00 & 1725.00 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

1767.00 **
1760.00 *
1753.00
1744.34 – Last price
1737.00
1731.00 *
1725.00 **

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

Source : Trading Central

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