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

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

Forex Technical Analysis : XAUUSD 20 February 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 February 2024

Momentum : Up

First Scenario : long positions above 2017.80 with targets at 2022.85, 2027.58 and 2032.85

Second Scenario : short positions below 2017.80 with targets at 2013.10, 2008.27 and 2001.90

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

Supports and resistances :

2032.85 **
2027.58 *
2022.85
2019.22 - Last price
2013.10
2008.27 *
2001.90 **

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


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