Technical Analysis (Gold) : XAU/USD 7 May 2024
7 May 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 7 May 2024
Momentum : Down
First Scenario : short positions below 2325.12 with targets at 2314.40, 2307.90 and 2300.24
Second Scenario : long positions above 2325.12 with targets at 2332.20, 2339.54 and 2346.76
Comment : RSI - Bearish divergence.
Supports and resistances :
2346.76 **
2339.54 *
2332.20
2320.58 - Last price
2314.40
2307.90 *
2300.24 **
Warning : This information is not a buy-sell signal.
