Technical Analysis (Gold) : XAU/USD 14 July 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 14 July 2023

Momentum : Down

First Scenario : short positions below 1963.34 with targets at 1957.70, 1952.25 and 1944.70

Second Scenario : long positions above 1963.34 with targets at 1966.04, 1971.02 and 1974.76

Comment : The price movement is no clear trend.

Supports and resistances :

1974.76 **
1971.02 *
1966.04
1960.31 - Last price
1957.70
1952.25 *
1944.70 **

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