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

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 September 2023

Momentum : Down

First Scenario : short positions below 1934.37 with targets at 1923.90, 1914.30 and 1903.50

Second Scenario : long positions above 1934.37 with targets at 1940.23, 1952.95 and 1963.52

Comment : The price movement is no clear trend.

Supports and resistances :

1963.52 **
1952.95 *
1940.23
1927.66 - Last price
1923.90
1914.30 *
1903.50 **

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