Technical Analysis (Gold) : XAU/USD 16 January 2025
16 January 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 16 January 2025
Momentum : Down
First Scenario : short positions below 2,696.00 with targets at 2,688.93, 2,682.19 and 2,676.75
Second Scenario : long positions above 2,696.00 with targets at 2,702.26, 2,708.36 and 2,715.51
Comment : RSI - Bearish divergence.
Supports and resistances :
2,715.51 **
2,708.36 *
2,702.26
2,691.94 - Last price
2,688.93
2,682.19 *
2,676.75 **
Warning : This information is not a buy-sell signal.
