Technical Analysis (Gold) : XAU/USD 26 October 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 26 October 2022

Pivot point : 1646.00

Our preference : long positions above 1646.00 with targets at 1662.00 & 1670.00 in extension.

Alternative scenario : below 1646.00 look for further downside with 1637.00 & 1628.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1678.00 **
1670.00 *
1662.00
1656.59 – Last price
1646.00
1637.00 *
1628.00 **

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

Source : Trading Central

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