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

Forex Technical Analysis : XAUUSD (Gold)

Date : 24 May 2023

First Scenario : short positions below 1977.71 with targets at 1972.40, 1968.60 and 1964.00

Second Scenario : long positions above 1977.71 with targets at 1982.56, 1986.00 and 1990.54

Comment : RSI - Bearish divergence.

Supports and resistances :

1990.54 **
1986.00 *
1982.56
1976.64 - Last price
1972.40
1968.60 *
1964.00 **

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