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

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

Forex Technical Analysis : XAUUSD 16 July 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 16 July 2024

Momentum : Up

First Scenario : long positions above 2424.82 with targets at 2437.37, 2447.26 and 2455.84

Second Scenario : short positions below 2424.82 with targets at 2418.26, 2411.39 and 2400.90

Comment : There is no clear trend in the price movement.

Supports and resistances :

2455.84 **
2447.26 *
2437.37
2428.10 - Last price
2418.26
2411.39 *
2400.90 **

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


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