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

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 June 2020

Pivot point : 1735.00

Our preference : short positions below 1735.00 with targets at 1719.00 & 1711.00 in extension.

Alternative scenario : above 1735.00 look for further upside with 1745.00 & 1752.00 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

1752.00 **
1745.00 *
1735.00
1726.21 – Last price
1719.00
1711.00 *
1705.00 **

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

Source : Trading Central

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