Technical Analysis (Gold) : XAU/USD 24 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 24 August 2023

Momentum : Up

First Scenario : long positions above 1917.42 with targets at 1924.90, 1930.15 and 1938.11

Second Scenario : short positions below 1917.42 with targets at 1911.59, 1905.47 and 1899.70

Comment : RSI - Bullish.

Supports and resistances :

1938.11 **
1930.15 *
1924.90
1920.15 - Last price
1911.59
1905.47 *
1899.70 **

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