4 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 4 September 2020
Pivot point : 1946.00
Our preference : short positions below 1946.00 with targets at 1922.00 & 1910.00 in extension.
Alternative scenario : above 1946.00 look for further upside with 1956.00 & 1970.00 as targets.
Comment : as long as 1946.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances :
1970.00 **
1956.00 *
1946.00
1938.00 – Last price
1922.00
1910.00 *
1900.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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