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

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 March 2020

Pivot point : 1584.00

Our preference : long positions above 1584.00 with targets at 1610.50 & 1618.00 in extension.

Alternative scenario : below 1584.00 look for further downside with 1575.00 & 1564.00 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1629.00 **
1618.00 *
1610.50
1598.37 – Last price
1584.00
1575.00 *
1564.00 **

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

Source : Trading Central

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