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

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 September 2022

Pivot point : 1668.00

Our preference : short positions below 1668.00 with targets at 1653.00 & 1645.00 in extension.

Alternative scenario : above 1668.00 look for further upside with 1675.00 & 1682.00 as targets.

Comment : the RSI calls for a new downleg.

Supports and resistances :

1682.00 **
1675.00 *
1668.00
1659.10 – Last price
1653.00
1645.00 *
1632.00 **

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

Source : Trading Central

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