Technical Analysis (Gold) : XAU/USD 9 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 August 2023

Momentum : Up

First Scenario : long positions above 1929.80 with targets at 1938.11, 1946.88 and 1954.77

Second Scenario : short positions below 1929.80 with targets at 1922.50, 1918.80 and 1912.30

Comment : Price - Bullish.

Supports and resistances :

1954.77 **
1946.88 *
1938.11
1931.54 - Last price
1922.50
1918.80 *
1912.30 **

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