26 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 26 August 2020
Pivot point : 1937.00
Our preference : short positions below 1937.00 with targets at 1911.00 & 1900.00 in extension.
Alternative scenario : above 1937.00 look for further upside with 1946.00 & 1954.00 as targets.
Comment : the RSI calls for a drop.
Supports and resistances :
1954.00 **
1946.00 *
1937.00
1923.63 – Last price
1911.00
1900.00 *
1885.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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