Technical Analysis (Gold) : XAU/USD 21 August 2024

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

Forex Technical Analysis : XAUUSD 21 August 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 August 2024

Momentum : Up

First Scenario : long positions above 2508.23 with targets at 2519.89, 2531.67 and 2540.65

Second Scenario : short positions below 2508.23 with targets at 2497.00, 2485.52 and 2477.32

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

Supports and resistances :

2540.65 **
2531.67 *
2519.89
2513.57 - Last price
2497.00
2485.52 *
2477.32 **

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


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