27 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 27 October 2020
Pivot point : 1900.00
Our preference : long positions above 1900.00 with targets at 1914.00 & 1920.00 in extension.
Alternative scenario : below 1900.00 look for further downside with 1895.00 & 1891.00 as targets.
Comment : the RSI calls for a rebound.
Supports and resistances :
1926.00 **
1920.00 *
1914.00
1907.96 – Last price
1900.00
1895.00 *
1891.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.