Technical Analysis (Gold) : XAU/USD 8 June 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 June 2023

Momentum : Down

First Scenario : short positions below 1950.16 with targets at 1940.40, 1933.50 and 1924.42

Second Scenario : long positions above 1950.16 with targets at 1956.80, 1966.78 and 1974.75

Comment : RSI - Bearish.

Supports and resistances :

1974.75 **
1966.78 *
1956.80
1945.60 - Last price
1940.40
1933.50 *
1924.42 **

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