Technical Analysis (Gold) : XAU/USD 8 September 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 September 2022

Pivot point : 1707.00

Our preference : long positions above 1707.00 with targets at 1726.00 & 1732.00 in extension.

Alternative scenario : below 1707.00 look for further downside with 1697.00 & 1690.00 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

1737.00 **
1732.00 *
1726.00
1715.16 – Last price
1707.00
1697.00 *
1690.00 **

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

Source : Trading Central

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