Technical Analysis (Gold) : XAU/USD 16 February 2024

16 February 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 16 February 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 16 February 2024

Momentum : Up

First Scenario : long positions above 1997.94 with targets at 2008.27, 2015.20 and 2022.29

Second Scenario : short positions below 1997.94 with targets at 1990.00, 1984.09 and 1978.00

Comment : RSI - Bullish.

Supports and resistances :

2022.29 **
2015.20 *
2008.27
2003.20 - Last price
1990.00
1984.09 *
1978.00 **

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


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