Technical Analysis (Gold) : XAU/USD 27 May 2021

27 May 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 27 May 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 May 2021

Pivot point : 1905.00

Our preference : short positions below 1905.00 with targets at 1889.00 & 1879.00 in extension.

Alternative scenario : above 1905.00 look for further upside with 1912.00 & 1920.00 as targets.

Comment : as long as 1905.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1920.00 **
1912.00 *
1905.00
1898.88 – Last price
1889.00
1879.00 *
1872.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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