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

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

Forex Technical Analysis : XAUUSD 27 October 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 October 2021

Pivot point : 1796.00

Our preference : short positions below 1796.00 with targets at 1782.00 & 1775.00 in extension.

Alternative scenario : above 1796.00 look for further upside with 1807.00 & 1814.00 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

1814.00 **
1807.00 *
1796.00
1787.00 – Last price
1782.00
1775.00 *
1769.00 **

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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