9 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 9 November 2020
Pivot point : 1946.00
Our preference : long positions above 1946.00 with targets at 1967.00 & 1980.00 in extension.
Alternative scenario : below 1946.00 look for further downside with 1935.00 & 1925.00 as targets.
Comment : the RSI is bullish and calls for further advance.
Supports and resistances :
2000.00 **
1980.00 *
1967.00
1961.22 – Last price
1946.00
1935.00 *
1925.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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