Technical Analysis (Gold) : XAU/USD 20 December 2024

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

Forex Technical Analysis : XAUUSD 20 December 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 December 2024

Momentum : Up

First Scenario : long positions above 2,595.40 with targets at 2,603.98, 2,613.94 and 2,622.54

Second Scenario : short positions below 2,595.40 with targets at 2,586.99, 2,577.65 and 2,569.88

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

Supports and resistances :

2,622.54 **
2,613.94 *
2,603.98
2,600.20 - Last price
2,586.99
2,577.65 *
2,569.88 **

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


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