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

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 July 2023

Momentum : Down

First Scenario : short positions below 1962.24 with targets at 1956.35, 1950.84 and 1945.40

Second Scenario : long positions above 1962.24 with targets at 1966.78, 1971.02 and 1974.75

Comment : Price - Bearish.

Supports and resistances :

1974.75 **
1971.02 *
1966.78
1960.36 - Last price
1956.35
1950.84 *
1945.40 **

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