Technical Analysis (Gold) : XAU/USD 18 August 2023

18 August 2023 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 18 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 August 2023

Momentum : Down

First Scenario : short positions below 1897.60 with targets at 1889.20, 1884.60 and 1876.80

Second Scenario : long positions above 1897.60 with targets at 1903.43, 1907.19 and 1911.59

Comment : Price - Bearish.

Supports and resistances :

1911.59 **
1907.19 *
1903.43
1893.59 - Last price
1889.20
1884.60 *
1876.80 **

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



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