Technical Analysis (Gold) : XAU/USD 20 August 2024
20 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 20 August 2024
Momentum : Up
First Scenario : long positions above 2494.70 with targets at 2508.23, 2514.72 and 2520.35
Second Scenario : short positions below 2494.70 with targets at 2485.52, 2477.32 and 2470.03
Comment : There is no clear trend in the price movement.
Supports and resistances :
2520.35 **
2514.72 *
2508.23
2498.10 - Last price
2485.52
2477.32 *
2470.03 **
Warning : This information is not a buy-sell signal.
