Technical Analysis (Gold) : XAU/USD 30 March 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 30 March 2020

Pivot point : 1629.00

Our preference : short positions below 1629.00 with targets at 1606.00 & 1594.00 in extension.

Alternative scenario : above 1629.00 look for further upside with 1637.00 & 1645.00 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

1645.00 **
1637.00 *
1629.00
1616.80 – Last price
1606.00
1594.00 *
1581.00 **

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

Source : Trading Central

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