Technical Analysis (Gold) : XAU/USD 31 May 2024

31 May 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 31 May 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 May 2024

Momentum : Up

First Scenario : long positions above 2335.60 with targets at 2356.40, 2369.55 and 2383.70

Second Scenario : short positions below 2335.60 with targets at 2317.57, 2303.55 and 2285.36

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

Supports and resistances :

2383.70 **
2369.55 *
2356.40
2343.04 - Last price
2317.57
2303.55 *
2285.36 **

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


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