Technical Analysis (Gold) : XAU/USD 31 March 2022

31 March 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 31 March 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 March 2022

Pivot point : 1934.00

Our preference : short positions below 1934.00 with targets at 1913.00 & 1906.00 in extension.

Alternative scenario : above 1934.00 look for further upside with 1942.00 & 1950.00 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

1950.00 **
1942.00 *
1934.00
1926.36 – Last price
1913.00
1906.00 *
1898.00 **

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

Source : Trading Central

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