Technical Analysis (Gold) : XAU/USD 24 October 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 24 October 2022

Pivot point : 1645.00

Our preference : long positions above 1645.00 with targets at 1670.00 & 1678.00 in extension.

Alternative scenario : below 1645.00 look for further downside with 1634.00 & 1624.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1684.00 **
1678.00 *
1670.00
1656.71 – Last price
1645.00
1634.00 *
1624.00 **

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

Source : Trading Central

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