Technical Analysis (Gold) : XAU/USD 9 July 2021

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

Forex Technical Analysis : XAUUSD 9 July 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 July 2021

Pivot point : 1794.00

Our preference : long positions above 1794.00 with targets at 1810.00 & 1818.00 in extension.

Alternative scenario : below 1794.00 look for further downside with 1789.00 & 1783.00 as targets.

Comment : a support base at 1794.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

1826.00 **
1818.00 *
1810.00
1803.92 – Last price
1794.00
1789.00 *
1783.00 **

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

Source : Trading Central

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