16 May 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Date : 16 May 2025
Momentum : Up
First Scenario : long positions above 3,198.31 with targets at 3,229.30, 3,252.18 and 3,272.37
Second Scenario : short positions below 3,198.31 with targets at 3,173.73, 3,153.96 and 3,130.64
Comment : There is no clear trend in the price movement.
Supports and resistances :
3,272.37 **
3,252.18 *
3,229.30
3,219.23 - Last price
3,173.73
3,153.96 *
3,130.64 **
Warning : This information is not a buy-sell signal.