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

Forex Technical Analysis : XAUUSD (Gold)

Date : 30 May 2023

Momentum : Down

First Scenario : short positions below 1936.65 with targets at 1933.42, 1927.00 and 1917.90

Second Scenario : long positions above 1936.65 with targets at 1940.86, 1946.66 and 1951.87

Comment : RSI - Downside momentum.

Supports and resistances :

1951.87 **
1946.66 *
1940.86
1935.57 - Last price
1933.42
1927.00 *
1917.90 **

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