Technical Analysis (Gold) : XAU/USD 6 May 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 May 2025

Momentum : Down

First Scenario : short positions below 3,366.21 with targets at 3,347.89, 3,338.06 and 3,323.31

Second Scenario : long positions above 3,366.21 with targets at 3,387.13, 3,404.57 and 3,426.77

Comment : The price movement is no clear trend.

Supports and resistances :

3,426.77 **
3,404.57 *
3,387.13
3,358.34 - Last price
3,347.89
3,338.06 *
3,323.31 **

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