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

Forex Technical Analysis : XAUUSD (Gold)

Date : 23 September 2022

Pivot point : 1668.00

Our preference : long positions above 1657.00 with targets at 1682.00 & 1688.00 in extension.

Alternative scenario : below 1657.00 look for further downside with 1646.00 & 1638.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1698.00 **
1688.00 *
1682.00
1667.50 – Last price
1657.00
1646.00 *
1638.00 **

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

Source : Trading Central

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