Technical Analysis (Gold) : XAU/USD 26 March 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 26 March 2021

Pivot point : 1721.00

Our preference : long positions above 1721.00 with targets at 1735.00 & 1740.00 in extension.

Alternative scenario : below 1721.00 look for further downside with 1716.00 & 1712.00 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1746.00 **
1740.00 *
1735.00
1727.74 – Last price
1721.00
1716.00 *
1712.00 **

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

Source : Trading Central

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