Technical Analysis (Gold) : XAU/USD 6 July 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 July 2023

Momentum : Down

First Scenario : short positions below 1922.72 with targets at 1909.70, 1900.10 and 1892.80

Second Scenario : long positions above 1922.72 with targets at 1930.61, 1937.57 and 1944.70

Comment : The price movement is no clear trend.

Supports and resistances :

1944.70 **
1937.57 *
1930.61
1920.08 - Last price
1909.70
1900.10 *
1892.80 **

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