Technical Analysis (Gold) : XAU/USD 23 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 March 2023

Pivot point : 1952.00

Our preference : long positions above 1952.00 with targets at 1979.00 & 1992.00 in extension.

Alternative scenario : below 1952.00 look for further downside with 1945.00 & 1935.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

2010.00 **
1992.00 *
1979.00
1973.71 – Last price
1952.00
1945.00 *
1935.00 **

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

Source : Trading Central

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