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

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 March 2020

Pivot point : 1479.00

Our preference : long positions above 1479.00 with targets at 1511.00 & 1523.00 in extension.

Alternative scenario : below 1479.00 look for further downside with 1464.00 & 1455.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1538.00 **
1523.00 *
1511.00
1491.60 – Last price
1479.00
1464.00 *
1455.00 **

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

Source : Trading Central

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