Technical Analysis (Gold) : XAU/USD 29 May 2024

29 May 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 29 May 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 29 May 2024

Momentum : Up

First Scenario : long positions above 2351.80 with targets at 2369.96, 2383.70 and 2397.39

Second Scenario : short positions below 2351.80 with targets at 2337.80, 2321.39 and 2303.55

Comment : There is no clear trend in the price movement.

Supports and resistances :

2397.39 **
2383.70 *
2369.96
2360.42 - Last price
2337.80
2321.39 *
2303.55 **

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


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