Technical Analysis (Gold) : XAU/USD 26 May 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 26 May 2023

First Scenario : short positions below 1951.50 with targets at 1943.24, 1936.65 and 1927.00

Second Scenario : long positions above 1951.50 with targets at 1956.40, 1963.08 and 1970.30

Comment : Price - Bearish bias.

Supports and resistances :

1970.30 **
1963.08 *
1956.40
1950.65 - Last price
1943.24
1936.65 *
1927.00 **

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