Technical Analysis (Gold) : XAU/USD 25 September 2020

25 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 25 September 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 25 September 2020

Pivot point : 1858.00

Our preference : long positions above 1858.00 with targets at 1884.00 & 1895.00 in extension.

Alternative scenario : below 1858.00 look for further downside with 1848.00 & 1840.00 as targets.

Comment : the RSI is bullish and calls for further upside.

Supports and resistances :

1905.00 **
1895.00 *
1884.00
1872.04 – Last price
1858.00
1848.00 *
1840.00 **

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

Source : Trading Central

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