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

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

Forex Technical Analysis : XAUUSD 5 January 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 January 2021

Pivot point : 1924.00

Our preference : Long positions above 1924.00 with targets at 1953.00 & 1965.00 in extension.

Alternative scenario : Below 1924.00 look for further downside with 1913.00 & 1902.00 as targets.

Comment : The RSI calls for a bounce.

Supports and resistances :

1970.00 **
1965.00 *
1953.00
1942.30 – Last price
1924.00
1913.00 *
1902.00 **

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 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%