Technical Analysis (Gold) : XAU/USD 23 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 November 2022

Pivot point : 1745.00

Our preference : short positions below 1745.00 with targets at 1735.00 & 1731.00 in extension.

Alternative scenario : above 1745.00 look for further upside with 1749.00 & 1753.00 as targets.

Comment : a break below 1735.00 would trigger a drop towards 1731.00.

Supports and resistances :

1753.00 **
1749.00 *
1745.00
1739.20 – Last price
1735.00
1731.00 *
1725.00 **

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

Source : Trading Central

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