GOLD 29.5.2023

Technical Analysis
Monday, May 29, 2023 - 13:54
Point Trader Group

Main Trend:

Bullish.

Expected scenario:

The pair is trading above 1935 which might push it towards 1958.

Alternative scenario:

Bearish below 1935 with targets: 1920 – 1915.

The most important levels

Resistance: 

1958 – 1970.

Support: 

1935 – 1920.

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