Technical Analysis (Gold) : XAU/USD 18 December 2024

18 December 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 18 December 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 December 2024

Momentum : Down

First Scenario : short positions below 2,651.63 with targets at 2,640.79, 2,633.13 and 2,624.12

Second Scenario : long positions above 2,651.63 with targets at 2,658.67, 2,664.50 and 2,672.95

Comment : The price movement is no clear trend.

Supports and resistances :

2,672.95 **
2,664.50 *
2,658.67
2,644.85 - Last price
2,640.79
2,633.13 *
2,624.12 **

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


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