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

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 November 2022

Pivot point : 1755.00

Our preference : short positions below 1755.00 with targets at 1742.00 & 1737.00 in extension.

Alternative scenario : above 1755.00 look for further upside with 1761.00 & 1766.00 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

1766.00 **
1761.00 *
1755.00
1749.18 – Last price
1742.00
1737.00 *
1732.00 **

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

Source : Trading Central

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