Technical Analysis (Gold) : XAU/USD 22 May 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 May 2023

Momentum : Up

First Scenario : long positions above 1971.80 with targets at 1977.90, 1982.40 and 1986.00

Second Scenario : short positions below 1971.80 with targets at 1968.20, 1693.60 and 1956.70

Comment : RSI - Bullish.

Supports and resistances :

1986.00 **
1982.40 *
1977.90
1975.68 - Last price
1968.20
1693.60 *
1956.70 **

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