Technical Analysis (Gold) : XAU/USD 28 April 2021

28 April 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 28 April 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 April 2021

Pivot point : 1780.00

Our preference : short positions below 1780.00 with targets at 1766.00 & 1760.00 in extension.

Alternative scenario : above 1780.00 look for further upside with 1785.00 & 1789.00 as targets.

Comment : as long as 1780.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1789.00 **
1785.00 *
1780.00
1771.34 – Last price
1766.00
1760.00 *
1754.00 **

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

Source : Trading Central

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