Technical Analysis (Gold) : XAU/USD 28 July 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 July 2022

Pivot point : 1728.00

Our preference : long positions above 1728.00 with targets at 1745.00 & 1752.00 in extension.

Alternative scenario : below 1728.00 look for further downside with 1722.00 & 1716.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1760.00 **
1752.00 *
1745.00
1736.38 – Last price
1728.00
1722.00 *
1716.00 **

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

Source : Trading Central

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