Technical Analysis (Gold) : XAU/USD 12 June 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 June 2023

Momentum : Down

First Scenario : short positions below 1961.27 with targets at 1954.00, 1949.08 and 1942.20

Second Scenario : long positions above 1961.27 with targets at 1966.97, 1973.13 and 1980.55

Comment : RSI - Bearish.

Supports and resistances :

1980.55 **
1973.13 *
1966.97
1958.95 - Last price
1954.00
1949.08 *
1942.20 **

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