Technical Analysis (Gold) : XAU/USD 2 June 2021

2 June 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 2 June 2021

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 June 2021

Pivot point : 1904.00

Our preference : short positions below 1904.00 with targets at 1892.00 & 1887.00 in extension.

Alternative scenario : above 1904.00 look for further upside with 1911.00 & 1916.00 as targets.

Comment : the RSI is bearish and calls for further decline.

Supports and resistances :

1916.00 **
1911.00 *
1904.00
1896.47 – Last price
1892.00
1887.00 *
1881.00 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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