Technical Analysis (Gold) : XAU/USD 16 December 2024
16 December 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 16 December 2024
Momentum : Down
First Scenario : short positions below 2,655.64 with targets at 2,643.54, 2,634.78 and 2,624.12
Second Scenario : long positions above 2,655.64 with targets at 2,664.50, 2,672.95 and 2,679.40
Comment : The price movement is no clear trend.
Supports and resistances :
2,679.40 **
2,672.95 *
2,664.50
2,651.48 - Last price
2,643.54
2,634.78 *
2,624.12 **
Warning : This information is not a buy-sell signal.
