Technical Analysis (Gold) : XAU/USD 12 December 2023
12 December 2023 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 12 December 2023
Momentum : Down
First Scenario : short positions below 1994.40 with targets at 1981.70, 1975.50 and 1965.30
Second Scenario : long positions above 1994.40 with targets at 2000.42, 2009.78 and 2019.80
Comment : The price movement is no clear trend.
Supports and resistances :
2019.80 **
2009.78 *
2000.42
1987.03 - Last price
1981.70
1975.50 *
1965.30 **
Warning : This information is not a buy-sell signal.
