Technical Analysis (Gold) : XAU/USD 16 June 2023
16 June 2023 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 16 June 2023
Momentum : Down
First Scenario : short positions below 1960.29 with targets at 1949.54, 1939.60 and 1928.84
Second Scenario : long positions above 1960.29 with targets at 1968.48, 1974.75 and 1983.10
Comment : RSI - Bearish divergence.
Supports and resistances :
1983.10 **
1974.75 *
1968.48
1956.29 - Last price
1949.54
1939.60 *
1928.84 **
Warning : This information is not a buy-sell signal.
