Technical Analysis (Gold) : XAU/USD 5 December 2023

5 December 2023 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 5 December 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 December 2023

Momentum : Down

First Scenario : short positions below 2049.56 with targets at 2019.93, 2005.30 and 1986.40

Second Scenario : long positions above 2049.56 with targets at 2063.80, 2076.21 and 2090.48

Comment : RSI - Bearish.

Supports and resistances :

2090.48 **
2076.21 *
2063.80
2036.47 - Last price
2019.93
2005.30 *
1986.40 **

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


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