Technical Analysis (Gold) : XAU/USD 2 June 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 June 2023

Momentum : Down

First Scenario : short positions below 1983.10 with targets at 1975.20, 1967.50 and 1958.30

Second Scenario : long positions above 1983.10 with targets at 1988.68, 2000.60 and 2010.80

Comment : RSI - Bearish divergence.

Supports and resistances :

2010.80 **
2000.60 *
1988.68
1979.70 - Last price
1975.20
1967.50 *
1958.30 **

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