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

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 May 2023

Momentum : Up

First Scenario : long positions above 1957.30 with targets at 1963.53, 1968.60 and 1973.80

Second Scenario : short positions below 1957.30 with targets at 1953.30, 1949.62 and 1944.60

Comment : RSI - Bullish.

Supports and resistances :

1973.80 **
1968.60 *
1963.53
1961.93 - Last price
1953.30
1949.62 *
1944.60 **

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