Technical Analysis (Gold) : XAU/USD 13 November 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 13 November 2023

Momentum : Down

First Scenario : short positions below 1941.95 with targets at 1932.70, 1927.95 and 1921.10

Second Scenario : long positions above 1941.95 with targets at 1949.29, 1954.60 and 1960.42

Comment : The price movement is no clear trend.

Supports and resistances :

1960.42 **
1954.60 *
1949.29
1936.81 - Last price
1932.70
1927.95 *
1921.10 **

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