Technical Analysis (Gold) : XAU/USD 1 September 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 1 September 2023

Momentum : Down

First Scenario : short positions below 1941.45 with targets at 1932.36, 1926.04 and 1914.30

Second Scenario : long positions above 1941.45 with targets at 1947.87, 1954.77 and 1963.52

Comment : RSI - Bearish.

Supports and resistances :

1963.52 **
1954.77 *
1947.87
1939.20 - Last price
1932.36
1926.04 *
1914.30 **

Warning : This information is not a buy-sell signal.