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

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 June 2022

Pivot point : 1832.00

Our preference : short positions below 1832.00 with targets at 1820.00 & 1816.00 in extension.

Alternative scenario : above 1832.00 look for further upside with 1837.00 & 1841.00 as targets.

Comment : as long as the resistance at 1832.00 is not surpassed, the risk of the break below 1820.00 remains high.

Supports and resistances :

1841.00 **
1837.00 *
1832.00
1825.77 – Last price
1820.00
1816.00 *
1810.00 **

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

Source : Trading Central

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