Technical Analysis (Gold) : XAU/USD 27 March 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 March 2023

Pivot point : 1986.00

Our preference : short positions below 1986.00 with targets at 1964.00 & 1954.00 in extension.

Alternative scenario : above 1986.00 look for further upside with 1994.00 & 2003.00 as targets.

Comment : as long as 1986.00 is resistance, expect a return to 1964.00.

Supports and resistances :

2003.00 **
1994.00 *
1986.00
1975.34 – Last price
1964.00
1954.00 *
1945.00 **

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

Source : Trading Central

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