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

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

Forex Technical Analysis : XAUUSD 21 October 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 21 October 2024

Momentum : Up

First Scenario : long positions above 2,721.13 with targets at 2,732.82, 2,738.63 and 2,742.16

Second Scenario : short positions below 2,721.13 with targets at 2,713.63, 2,707.99 and 2,701.77

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

Supports and resistances :

2,742.16 **
2,738.63 *
2,732.82
2,728.06 - Last price
2,713.63
2,707.99 *
2,701.77 **

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


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