Technical Analysis (Gold) : XAU/USD 12 December 2024

12 December 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 12 December 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 December 2024

Momentum : Down

First Scenario : short positions below 2,721.15 with targets at 2,703.66, 2,693.58 and 2,684.57

Second Scenario : long positions above 2,721.15 with targets at 2,733.49, 2,745.34 and 2,757.73

Comment : The price movement is no clear trend.

Supports and resistances :

2,757.73 **
2,745.34 *
2,733.49
2,715.53 - Last price
2,703.66
2,693.58 *
2,684.57 **

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


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