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

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 September 2023

Momentum : Down

First Scenario : short positions below 1933.50 with targets at 1927.40, 1922.00 and 1915.70

Second Scenario : long positions above 1933.50 with targets at 1938.99, 1944.06 and 1947.87

Comment : The price movement is no clear trend.

Supports and resistances :

1947.87 **
1944.06 *
1938.99
1930.42 - Last price
1927.40
1922.00 *
1915.70 **

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