Technical Analysis (Gold) : XAU/USD 29 November 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 29 November 2022

Pivot point : 1743.00

Our preference : long positions above 1743.00 with targets at 1755.00 & 1763.00 in extension.

Alternative scenario : below 1743.00 look for further downside with 1738.00 & 1733.00 as targets.

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

Supports and resistances :

1770.00 **
1763.00 *
1755.00
1749.50 – Last price
1743.00
1738.00 *
1733.00 **

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

Source : Trading Central

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