Technical Analysis (Gold) : XAU/USD 24 December 2020

24 December 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 24 December 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 24 December 2020

Pivot point : 1865.00

Our preference : Long positions above 1865.00 with targets at 1886.00 & 1893.00 in extension.

Alternative scenario : Below 1865.00 look for further downside with 1855.00 & 1844.00 as targets.

Comment : The RSI is mixed to bullish.

Supports and resistances :

1907.00 **
1893.00 *
1886.00
1875.68 – Last price
1865.00
1855.00 *
1844.00 **

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

Source : Trading Central

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