Technical Analysis (Gold) : XAU/USD 8 July 2021

8 July 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 8 July 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 July 2021

Pivot point : 1802.00

Our preference : long positions above 1802.00 with targets at 1815.00 & 1825.00 in extension.

Alternative scenario : below 1802.00 look for further downside with 1796.00 & 1789.00 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

1839.00 **
1825.00 *
1815.00
1812.25 – Last price
1802.00
1796.00 *
1789.00 **

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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