Technical Analysis (Gold) : XAU/USD 15 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 August 2023

Momentum : Down

First Scenario : short positions below 1912.10 with targets at 1902.20, 1896.17 and 1892.80

Second Scenario : long positions above 1912.10 with targets at 1916.25, 1920.94 and 1927.57

Comment : Price - Bearish.

Supports and resistances :

1927.57 **
1920.94 *
1916.25
1906.93 - Last price
1902.20
1896.17 *
1892.80 **

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