Technical Analysis (Gold) : XAU/USD 16 April 2025
16 April 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 16 April 2025
Momentum : Down
First Scenario : short positions below 3,275.42 with targets at 3,256.00, 3,245.70 and 3,233.67
Second Scenario : long positions above 3,275.42 with targets at 3,287.07, 3,294.34 and 3,306.24
Comment : RSI - Bearish divergence.
Supports and resistances :
3,306.24 **
3,294.34 *
3,287.07
3,272.94 - Last price
3,256.00
3,245.70 *
3,233.67 **
Warning : This information is not a buy-sell signal.
