Daily Pivot Point 3

This page will show readers Pivot point levels for Gold and Forex pairs, and how price may move for the day.

The 4 hour time frame will be our focus for today’s pivot point analysis.

 

XAUUSD Pivot 8th September, 2022 (21:02 GMT):

Gold/XAUUSD 4HR TF:

The 4hr chart is currently showing that market price is Ranging.

Price may breakout higher towards Resistance 1 (1723 area) before jumping further to 1737 (Resistance 2).

Support 1, which is at the 1698 area is currently being eyed by the Bears.

A break below that level will definitely take price to Support 2 (1689 area).

Overall bias on the 4 hour chart is Ranging.

Find below computation results for Pivot Point, Support and Resistance levels for 9th September, 2022.

Resistance 3

1747.39

Resistance 2

1737.70

Resistance 1

1723.13

Pivot Point

1713.44

Support 1

1698.87

Support 2

1689.18

Support 3

1674.61

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

Forecast for the Day, 9th September!

Possible Resistance for the day is at 1730.42.

1689 and 1674 are the possible Supports if XAUUSD price is to rise on the 9th September, 2022.

Forecast for the Week, 5th September to 9th September, 2022!

Possible Support for the Week is at 1671.80.

1771 and 1798 are the possible Resistances if XAUUSD price is to rise this week 5th September to 9th September, 2022.

 

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

XAUUSD Pivot 7th September, 2022 (21:19 GMT):

Gold/XAUUSD 4HR TF:

The 4hr chart is currently showing that market price is Ranging.

Price may breakout higher towards Resistance 1 (1728 area) before jumping further to 1737 (Resistance 2).

Support 1, which is at the 1700 area is currently being eyed by the Bears.

A break below that level will definitely take price to Support 2 (1681 area).

Overall bias on the 4 hour chart is Ranging.

Find below computation results for Pivot Point, Support and Resistance levels for 8th September, 2022.

Resistance 3

1756.21

Resistance 2

1737.62

Resistance 1

1728.26

Pivot Point

1709.67

Support 1

1700.31

Support 2

1681.72

Support 3

1672.36

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

Forecast for the Day, 8th September!

Possible Support for the day is at 1691.02.

1737 and 1756 are the possible Resistances if XAUUSD price is to rise on the 8th September, 2022.

Forecast for the Week, 5th September to 9th September, 2022!

Possible Support for the Week is at 1671.80.

1771 and 1798 are the possible Resistances if XAUUSD price is to rise this week 5th September to 9th September, 2022.

 

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

XAUUSD Pivot 6th September, 2022 (21:20 GMT):

Gold/XAUUSD 4HR TF:

The 4hr chart is currently showing that market price is Bearish.

Price may breakout higher towards Resistance 1 (1718 area) before jumping further to 1736 (Resistance 2).

Support 1, which is at the 1691 area is currently being eyed by the Bears.

A break below that level will definitely take price to Support 2 (1682 area).

Overall bias on the 4 hour chart is Bearish.

Find below computation results for Pivot Point, Support and Resistance levels for 7th September, 2022.

Resistance 3

1745.71

Resistance 2

1736.15

Resistance 1

1718.79

Pivot Point

1709.23

Support 1

1691.87

Support 2

1682.31

Support 3

1664.95

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

Forecast for the Day, 7th September!

Possible Resistance for the day is at 1727.47.

1682 and 1664 are the possible Supports if XAUUSD price is to drop on the 7th September, 2022.

Forecast for the Week, 5th September to 9th September, 2022!

Possible Support for the Week is at 1671.80.

1771 and 1798 are the possible Resistances if XAUUSD price is to rise this week 5th September to 9th September, 2022.

 

(Sign up with Exness to trade XAUUSD  … https://www.exness.com/a/t0q1u0q1)

 

 

 

Support and Resistance