Technical Analysis (Gold) : XAU/USD 22 August 2024

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

Forex Technical Analysis : XAUUSD 22 August 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 August 2024

Momentum : Down

First Scenario : short positions below 2508.23 with targets at 2493.70, 2485.52 and 2477.32

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

Comment : The price movement is no clear trend.

Supports and resistances :

2540.65 **
2531.67 *
2519.89
2504.88 - Last price
2493.70
2485.52 *
2477.32 **

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


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