Technical Analysis (Gold) : XAU/USD 5 February 2021

5 February 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 5 February 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 February 2021

Pivot point : 1808.00

Our preference : short positions below 1808.00 with targets at 1785.00 & 1777.00 in extension.

Alternative scenario : above 1808.00 look for further upside with 1819.00 & 1830.00 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

1830.00 **
1819.00 *
1808.00
1797.12 – Last price
1785.00
1777.00 *
1764.00 **

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.



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%