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

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 July 2023

Momentum : Down

First Scenario : short positions below 1922.72 with targets at 1916.10, 1909.70 and 1902.10

Second Scenario : long positions above 1922.72 with targets at 1931.09, 1937.57 and 1944.70

Comment : RSI - Bearish.

Supports and resistances :

1944.70 **
1937.57 *
1931.09
1925.00 - Last price
1916.10
1909.70 *
1902.10 **

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