Technical Analysis (Gold) : XAU/USD 3 May 2021

3 May 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 3 May 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 May 2021

Pivot point : 1763.00

Our preference : long positions above 1763.00 with targets at 1781.00 & 1790.00 in extension.

Alternative scenario : below 1763.00 look for further downside with 1757.00 & 1747.00 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1796.00 **
1790.00 *
1781.00
1774.32 – Last price
1763.00
1757.00 *
1747.00 **

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

Source : Trading Central

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