Technical Analysis (Gold) : XAU/USD 23 July 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 July 2020

Pivot point : 1856.00

Our preference : long positions above 1856.00 with targets at 1876.00 & 1885.00 in extension.

Alternative scenario : below 1856.00 look for further downside with 1846.00 & 1833.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1900.00 **
1885.00 *
1876.00
1867.44 – Last price
1856.00
1846.00 *
1833.00 **

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

Source : Trading Central

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