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

31 July 2023 Analysis (Forex, CFDs, Cryptocurrency)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 31 July 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 July 2023

Momentum : Up

First Scenario : long positions above 1951.90 with targets at 1956.79, 1963.52 and 1970.60

Second Scenario : short positions below 1951.90 with targets at 1947.60, 1942.10 and 1933.30

Comment : There is no clear trend in the price movement.

Supports and resistances :

1970.60 **
1963.52 *
1956.79
1954.64 - Last price
1947.60
1942.10 *
1933.30 **

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



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