Technical Analysis (Gold) : XAU/USD 20 May 2024

20 May 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 20 May 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 May 2024

Momentum : Up

First Scenario : long positions above 2434.80 with targets at 2450.10, 2460.62 and 2472.88

Second Scenario : short positions below 2434.80 with targets at 2419.18, 2405.50 and 2394.48

Comment : RSI - Bullish.

Supports and resistances :

2472.88 **
2460.62 *
2450.10
2440.83 - Last price
2419.18
2405.50 *
2394.48 **

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


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