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

3 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 3 September 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 September 2020

Pivot point : 1954.00

Our preference : short positions below 1954.00 with targets at 1932.00 & 1922.00 in extension.

Alternative scenario : above 1954.00 look for further upside with 1969.00 & 1979.00 as targets.

Comment : the RSI is bearish and calls for further decline.

Supports and resistances :

1979.00 **
1969.00 *
1954.00
1946.23 – Last price
1932.00
1922.00 *
1910.00 **

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

Source : Trading Central

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