Technical Analysis (Gold) : XAU/USD 19 August 2024

19 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 19 August 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 August 2024

Momentum : Up

First Scenario : long positions above 2494.70 with targets at 2506.79, 2514.72 and 2520.35

Second Scenario : short positions below 2494.70 with targets at 2487.42, 2479.94 and 2470.03

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

Supports and resistances :

2520.35 **
2514.72 *
2506.79
2500.63 - Last price
2487.42
2479.94 *
2470.03 **

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


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