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

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 June 2023

Momentum : Down

First Scenario : short positions below 1963.15 with targets at 1955.20, 1945.82 and 1937.60

Second Scenario : long positions above 1963.15 with targets at 1970.30, 1977.66 and 1985.27

Comment : The price movement is no clear trend.

Supports and resistances :

1985.27 **
1977.66 *
1970.30
1960.90 - Last price
1955.20
1945.82 *
1937.60 **

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