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

Forex Technical Analysis : XAUUSD (Gold)

Date : 3 November 2023

Momentum : Up

First Scenario : long positions above 1982.37 with targets at 1990.99, 1997.29 and 2002.50

Second Scenario : short positions below 1982.37 with targets at 1978.40, 1974.40 and 1969.69

Comment : The price movement is no clear trend.

Supports and resistances :

2002.50 **
1997.29 *
1990.99
1986.11 - Last price
1978.40
1974.40 *
1969.69 **

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