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Farooq

Technical Analysis – XAUUSD _ 20-03-2019

HomeTechnical AnalysisTechnical Analysis – XAUUSD _ 20-03-2019
20
Mar
Technical Analysis – XAUUSD _ 20-03-2019

Trading is limited between resistance 1310 and support 1293 … exit price from this area may be enough to confirm its direction …
A breach of 1310 could reinforce the upside potential towards 1326 resistance as the first target and then the 1345 resistance as the second target … What breach of support 1293 might pressure the price to test the support 1282, which breached it might do a bearish scenario targets are located around support 1263 as the first target and support 1243 as the second target.


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