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

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 July 2023

Momentum : Up

First Scenario : long positions above 1949.77 with targets at 1956.79, 1965.66 and 1974.20

Second Scenario : short positions below 1949.77 with targets at 1942.10, 1933.30 and 1923.90

Comment : RSI - Bullish divergence.

Supports and resistances :

1974.20 **
1965.66 *
1956.79
1951.45 - Last price
1942.10
1933.30 *
1923.90 **

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