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

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 September 2023

Momentum : Down

First Scenario : short positions below 1925.08 with targets at 1916.51, 1911.40 and 1903.50

Second Scenario : long positions above 1925.08 with targets at 1930.08, 1934.78 and 1938.99

Comment : RSI - Bearish.

Supports and resistances :

1938.99 **
1934.78 *
1930.08
1919.87 - Last price
1916.51
1911.40 *
1903.50 **

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