Technical Analysis (Gold) : XAU/USD 30 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 30 August 2023

Momentum : Up

First Scenario : long positions above 1933.60 with targets at 1941.68, 1946.88 and 1954.77

Second Scenario : short positions below 1933.60 with targets at 1926.04, 1914.30 and 1903.50

Comment : The price movement is no clear trend.

Supports and resistances :

1954.77 **
1946.88 *
1941.68
1936.17 - Last price
1926.04
1914.30 *
1903.50 **

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