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

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 November 2023

Momentum : Up

First Scenario : long positions above 1975.30 with targets at 1987.98, 1995.75 and 2004.07

Second Scenario : short positions below 1975.30 with targets at 1968.58, 1961.10 and 1955.33

Comment : The price movement is no clear trend.

Supports and resistances :

2004.07 **
1995.75 *
1987.98
1981.77 - Last price
1968.58
1961.10 *
1955.33 **

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