Technical Analysis (Gold) : XAU/USD 2 May 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 May 2025

Momentum : Up

First Scenario : long positions above 3,243.15 with targets at 3,267.06, 3,286.03 and 3,303.11

Second Scenario : short positions below 3,243.15 with targets at 3,227.48, 3,213.58 and 3,201.98

Comment : RSI - Bullish divergence.

Supports and resistances :

3,303.11 **
3,286.03 *
3,267.06
3,253.07 - Last price
3,227.48
3,213.58 *
3,201.98 **

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