Technical Analysis (Gold) : XAU/USD 4 June 2021

4 June 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 4 June 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 4 June 2021

Pivot point : 1882.00

Our preference : short positions below 1882.00 with targets at 1855.00 & 1845.00 in extension.

Alternative scenario : above 1882.00 look for further upside with 1890.00 & 1898.00 as targets.

Comment : as long as 1882.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1898.00 **
1890.00 *
1882.00
1869.62 – Last price
1855.00
1845.00 *
1835.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%