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

Forex Technical Analysis : XAUUSD (Gold)

Date : 29 September 2022

Pivot point : 1642.00

Our preference : long positions above 1642.00 with targets at 1666.00 & 1675.00 in extension.

Alternative scenario : below 1642.00 look for further downside with 1631.00 & 1621.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1684.00 **
1675.00 *
1666.00
1653.69 – Last price
1642.00
1631.00 *
1621.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.