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

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 September 2023

Momentum : Down

First Scenario : short positions below 1943.00 with targets at 1934.37, 1926.04 and 1914.30

Second Scenario : long positions above 1943.00 with targets at 1952.95, 1963.52 and 1972.23

Comment : RSI - Bearish.

Supports and resistances :

1972.23 **
1963.52 *
1952.95
1937.05 - Last price
1934.37
1926.04 *
1914.30 **

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