Technical Analysis (Gold) : XAU/USD 25 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 25 November 2022

Pivot point : 1748.00

Our preference : long positions above 1748.00 with targets at 1761.00 & 1767.00 in extension.

Alternative scenario : below 1748.00 look for further downside with 1740.00 & 1732.00 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

1775.00 **
1767.00 *
1761.00
1757.77 – Last price
1748.00
1740.00 *
1732.00 **

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

Source : Trading Central

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