Technical Analysis (Gold) : XAU/USD 18 December 2023

18 December 2023 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 18 December 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 December 2023

Momentum : Down

First Scenario : short positions below 2027.45 with targets at 2020.95, 2015.30 and 2008.10

Second Scenario : long positions above 2027.45 with targets at 2034.00, 2038.66 and 2044.90

Comment : The price movement is no clear trend.

Supports and resistances :

2044.90 **
2038.66 *
2034.00
2023.57 - Last price
2020.95
2015.30 *
2008.10 **

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


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