Technical Analysis (Gold) : XAU/USD 15 May 2024

15 May 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 15 May 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 15 May 2024

Momentum : Down

First Scenario : short positions below 2360.97 with targets at 2349.88, 2342.10 and 2331.99

Second Scenario : long positions above 2360.97 with targets at 2370.96, 2378.45 and 2389.31

Comment : The price movement is no clear trend.

Supports and resistances :

2389.31 **
2378.45 *
2370.96
2356.40 - Last price
2349.88
2342.10 *
2331.99 **

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


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