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

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

Forex Technical Analysis : XAUUSD 7 June 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 June 2021

Pivot point : 1896.00

Our preference : short positions below 1896.00 with targets at 1875.00 & 1864.00 in extension.

Alternative scenario : above 1896.00 look for further upside with 1903.00 & 1910.00 as targets.

Comment : the RSI is bearish and calls for further decline.

Supports and resistances :

1910.00 **
1903.00 *
1896.00
1883.70 – Last price
1875.00
1864.00 *
1855.00 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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