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

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

Forex Technical Analysis : XAUUSD 16 September 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 16 September 2024

Momentum : Up

First Scenario : long positions above 2582.92 with targets at 2592.15, 2598.28 and 2601.59

Second Scenario : short positions below 2582.92 with targets at 2572.98, 2563.00 and 2556.50

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

Supports and resistances :

2601.59 **
2598.28 *
2592.15
2589.04 - Last price
2572.98
2563.00 *
2556.50 **

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


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