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

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 November 2024

Momentum : Down

First Scenario : short positions below 2,610.71 with targets at 2,589.59, 2,574.61 and 2,560.82

Second Scenario : long positions above 2,610.71 with targets at 2,627.12, 2,641.85 and 2,653.09

Comment : Price - Bearish.

Supports and resistances :

2,653.09 **
2,641.85 *
2,627.12
2,604.94 - Last price
2,589.59
2,574.61 *
2,560.82 **

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