Technical Analysis (Gold) : XAU/USD 7 April 2021

7 April 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 7 April 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 April 2021

Pivot point : 1733.00

Our preference : long positions above 1733.00 with targets at 1747.00 & 1760.00 in extension.

Alternative scenario : below 1733.00 look for further downside with 1728.00 & 1721.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1773.00 **
1760.00 *
1747.00
1738.99 – Last price
1733.00
1728.00 *
1721.00 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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