Technical Analysis (Gold) : XAU/USD 30 September 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 30 September 2022

Pivot point : 1647.00

Our preference : long positions above 1647.00 with targets at 1675.00 & 1685.00 in extension.

Alternative scenario : below 1647.00 look for further downside with 1631.00 & 1621.00 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

1692.00 **
1685.00 *
1675.00
1661.70 – Last price
1647.00
1631.00 *
1621.00 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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