9 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 9 October 2020
Pivot point : 1898.00
Our preference : long positions above 1898.00 with targets at 1921.00 & 1934.00 in extension.
Alternative scenario : below 1898.00 look for further downside with 1889.00 & 1881.00 as targets.
Comment : the RSI calls for a new upleg.
Supports and resistances :
1944.00 **
1934.00 *
1921.00
1910.18 – Last price
1898.00
1889.00 *
1881.00 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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