Technical Analysis (Gold) : XAU/USD 27 March 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 March 2020

Pivot point : 1608.00

Our preference : long positions above 1608.00 with targets at 1645.00 & 1659.00 in extension.

Alternative scenario : below 1608.00 look for further downside with 1594.00 & 1578.00 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1674.00 **
1659.00 *
1645.00
1624.82 – Last price
1608.00
1594.00 *
1578.00 **

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

Source : Trading Central

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