Technical Analysis (Gold) : XAU/USD 3 July 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 July 2020

Pivot point : 1766.00

Our preference : long positions above 1766.00 with targets at 1784.00 & 1789.00 in extension.

Alternative scenario : below 1766.00 look for further downside with 1759.00 & 1753.50 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

1797.00 **
1789.00 *
1784.00
1774.42 – Last price
1766.00
1759.00 *
1753.50 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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