5 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 5 November 2020
Pivot point : 1892.00
Our preference : long positions above 1892.00 with targets at 1916.00 & 1926.00 in extension.
Alternative scenario : below 1892.00 look for further downside with 1881.00 & 1873.00 as targets.
Comment : the RSI calls for a bounce.
Supports and resistances :
1932.00 **
1926.00 *
1916.00
1907.87 – Last price
1892.00
1881.00 *
1873.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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