Technical Analysis (Gold) : XAU/USD 25 May 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 25 May 2023

First Scenario : short positions below 1958.89 with targets at 1953.70, 1949.30 and 1943.70

Second Scenario : long positions above 1958.89 with targets at 1961.86, 1966.20 and 1970.30

Comment : Price - Bearish bias.

Supports and resistances :

1970.30 **
1966.20 *
1961.86
1957.50 - Last price
1953.70
1949.30 *
1943.70 **

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