Technical Analysis (Gold) : XAU/USD 7 June 2024

7 June 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 7 June 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 June 2024

Momentum : Up

First Scenario : long positions above 2368.70 with targets at 2383.80, 2391.40 and 2397.39

Second Scenario : short positions below 2368.70 with targets at 2361.38, 2354.70 and 2347.54

Comment : There is no clear trend in the price movement.

Supports and resistances :

2397.39 **
2391.40 *
2383.80
2378.90 - Last price
2361.38
2354.70 *
2347.54 **

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


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