Technical Analysis (Gold) : XAU/USD 31 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 August 2023

Momentum : Up

First Scenario : long positions above 1941.45 with targets at 1949.05, 1954.77 and 1963.52

Second Scenario : short positions below 1941.45 with targets at 1934.60, 1926.04 and 1914.30

Comment : RSI - Bullish.

Supports and resistances :

1963.52 **
1954.77 *
1949.05
1945.32 - Last price
1934.60
1926.04 *
1914.30 **

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