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

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 September 2023

Momentum : Up

First Scenario : long positions above 1923.52 with targets at 1929.17, 1934.78 and 1944.06

Second Scenario : short positions below 1923.52 with targets at 1918.10, 1912.20 and 1903.60

Comment : RSI - Bullish divergence.

Supports and resistances :

1944.06 **
1934.78 *
1929.17
1925.10 - Last price
1918.10
1912.20 *
1903.60 **

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