Technical Analysis (Gold) : XAU/USD 28 July 2020

28 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 28 July 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 July 2020

Pivot point : 1945.00

Our preference : long positions above 1945.00 with targets at 1992.00 & 2004.00 in extension.

Alternative scenario : below 1945.00 look for further downside with 1929.00 & 1912.50 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

2016.00 **
2004.00 *
1992.00
1969.77 – Last price
1945.00
1929.00 *
1912.50 **

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.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%