4 February 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 4 February 2021
Pivot point : 1836.00
Our preference : short positions below 1836.00 with targets at 1815.00 & 1807.00 in extension.
Alternative scenario : above 1836.00 look for further upside with 1844.00 & 1854.00 as targets.
Comment : a break below 1815.00 would trigger a drop towards 1807.00.
Supports and resistances :
1854.00 **
1844.00 *
1836.00
1822.75 – Last price
1815.00
1807.00 *
1800.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.