Technical Analysis (Gold) : XAU/USD 12 May 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 May 2025

Momentum : Down

First Scenario : short positions below 3,290.14 with targets at 3,258.95, 3,239.44 and 3,222.82

Second Scenario : long positions above 3,290.14 with targets at 3,323.95, 3,347.44 and 3,369.45

Comment : The price movement is no clear trend.

Supports and resistances :

3,369.45 **
3,347.44 *
3,323.95
3,279.14 - Last price
3,258.95
3,239.44 *
3,222.82 **

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