Technical Analysis (Gold) : XAU/USD 29 October 2024

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

Forex Technical Analysis : XAUUSD 29 October 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 29 October 2024

Momentum : Up

First Scenario : long positions above 2,748.80 with targets at 2,757.74, 2,763.42 and 2,769.20

Second Scenario : short positions below 2,748.80 with targets at 2,739.97, 2,734.07 and 2,727.88

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

Supports and resistances :

2,769.20 **
2,763.42 *
2,757.74
2,756.50 - Last price
2,739.97
2,734.07 *
2,727.88 **

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


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