Technical Analysis (Gold) : XAU/USD 9 March 2022

9 March 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 9 March 2022

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 March 2022

Pivot point : 2020.00

Our preference : long positions above 2020.00 with targets at 2070.00 & 2100.00 in extension.

Alternative scenario : below 2020.00 look for further downside with 2000.00 & 1981.00 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

2115.00 **
2100.00 *
2070.00
2055.50 – Last price
2020.00
2000.00 *
1981.00 **

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

Source : Trading Central

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