Technical Analysis (Gold) : XAU/USD 19 May 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 May 2023

Momentum : Up

First Scenario : long positions above 1960.37 with targets at 1968.50, 1974.70 and 1981.50

Second Scenario : short positions below 1960.37 with targets at 1951.50, 1948.80 and 1944.00

Comment : RSI - Bullish.

Supports and resistances :

1981.50 **
1974.70 *
1968.50
1962.60 - Last price
1951.50
1948.80 *
1944.00 **

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