Technical Analysis (Gold) : XAU/USD 8 September 2020

8 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 8 September 2020

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 September 2020

Pivot point : 1936.00

Our preference : short positions below 1936.00 with targets at 1916.00 & 1908.00 in extension.

Alternative scenario : above 1936.00 look for further upside with 1942.00 & 1950.00 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

1950.00 **
1942.00 *
1936.00
1926.54 – Last price
1916.00
1908.00 *
1900.00 **

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

Source : Trading Central

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