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

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 November 2022

Pivot point : 1690.00

Our preference : long positions above 1690.00 with targets at 1731.00 & 1745.00 in extension.

Alternative scenario : below 1690.00 look for further downside with 1682.00 & 1672.00 as targets.

Comment : the RSI is bullish and calls for further upside.

Supports and resistances :

1760.00 **
1745.00 *
1731.00
1709.61 – Last price
1690.00
1682.00 *
1672.00 **

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

Source : Trading Central

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