GOLD 24.5.2023

Technical Analysis
Wednesday, May 24, 2023 - 13:00
Point Trader Group

General trend: conditional decline.

Expected scenario:

Check yesterday's target. The pair is approaching the 1983 level, which may push it down to 1970-1960.

Alternative scenario:

Closing above 1983 may push the pair to rise to 1993-2000.

The most important levels

resistance:

1983 - 1993

support:

1970 - 1960

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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