Technical Analysis (Gold) : XAU/USD 3 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 August 2023

Momentum : Down

First Scenario : short positions below 1939.11 with targets at 1928.90, 1920.20 and 1912.30

Second Scenario : long positions above 1939.11 with targets at 1947.80, 1954.77 and 1963.52

Comment : RSI - Bearish.

Supports and resistances :

1963.52 **
1954.77 *
1947.80
1933.52 - Last price
1928.90
1920.20 *
1912.30 **

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