Technical Analysis (Gold) : XAU/USD 20 June 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 June 2023

Momentum : Down

First Scenario : short positions below 1953.00 with targets at 1944.70, 1937.70 and 1928.84

Second Scenario : long positions above 1953.00 with targets at 1960.20, 1967.89 and 1974.75

Comment : The price movement is no clear trend.

Supports and resistances :

1974.75 **
1967.89 *
1960.20
1948.70 - Last price
1944.70
1937.70 *
1928.84 **

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