Technical Analysis (Gold) : XAU/USD 16 August 2024
16 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 16 August 2024
Momentum : Down
First Scenario : short positions below 2460.31 with targets at 2445.10, 2431.70 and 2416.60
Second Scenario : long positions above 2460.31 with targets at 2470.03, 2483.76 and 2494.07
Comment : The price movement is no clear trend.
Supports and resistances :
2494.07 **
2483.76 *
2470.03
2455.63 - Last price
2445.10
2431.70 *
2416.60 **
Warning : This information is not a buy-sell signal.
