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

23 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 23 November 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 November 2020

Pivot point : 1866.00

Our preference : long positions above 1866.00 with targets at 1880.00 & 1885.00 in extension.

Alternative scenario : below 1866.00 look for further downside with 1862.00 & 1858.00 as targets.

Comment : the RSI advocates for further advance.

Supports and resistances :

1892.00 **
1885.00 *
1880.00
1873.80 – Last price
1866.00
1862.00 *
1858.00 **

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

Source : Trading Central

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