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

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

Forex Technical Analysis : XAUUSD 12 July 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 July 2024

Momentum : Up

First Scenario : long positions above 2406.30 with targets at 2418.69, 2426.56 and 2437.37

Second Scenario : short positions below 2406.30 with targets at 2397.45, 2387.84 and 2377.70

Comment : There is no clear trend in the price movement.

Supports and resistances :

2437.37 **
2426.56 *
2418.69
2407.42 - Last price
2397.45
2387.84 *
2377.70 **

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


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