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

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 June 2023

Momentum : Up

First Scenario : long positions above 1961.27 with targets at 1970.53, 1977.71 and 1985.27

Second Scenario : short positions below 1961.27 with targets at 1954.50, 1944.60 and 1937.60

Comment : The price movement is no clear trend.

Supports and resistances :

1985.27 **
1977.71 *
1970.53
1963.00 - Last price
1954.50
1944.60 *
1937.60 **

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