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

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 October 2023

Momentum : Down

First Scenario : short positions below 1830.90 with targets at 1816.20, 1809.40 and 1804.50

Second Scenario : long positions above 1830.90 with targets at 1838.90, 1844.84 and 1850.27

Comment : Price - Bearish.

Supports and resistances :

1850.27 **
1844.84 *
1838.90
1820.40 - Last price
1816.20
1809.40 *
1804.50 **

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