Technical Analysis (Gold) : XAU/USD 27 August 2024

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

Forex Technical Analysis : XAUUSD 27 August 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 August 2024

Momentum : Down

First Scenario : short positions below 2503.89 with targets at 2505.50, 2494.32 and 2486.40

Second Scenario : long positions above 2503.89 with targets at 2526.82, 2532.72 and 2540.32

Comment : The price movement is no clear trend.

Supports and resistances :

2540.32 **
2532.72 *
2526.82
2513.30 - Last price
2505.50
2494.32 *
2486.40 **

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


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