Technical Analysis (Gold) : XAU/USD 28 August 2023

28 August 2023 Analysis (Forex, CFDs, Cryptocurrency)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 28 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 August 2023

Momentum : Down

First Scenario : short positions below 1917.57 with targets at 1911.40, 1905.47 and 1899.70

Second Scenario : long positions above 1917.57 with targets at 1924.90, 1930.15 and 1938.11

Comment : The price movement is no clear trend.

Supports and resistances :

1938.11 **
1930.15 *
1924.90
1916.11 - Last price
1911.40
1905.47 *
1899.70 **

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



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