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