Technical Analysis (Gold) : XAU/USD 31 January 2024

31 January 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 31 January 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 January 2024

Momentum : Up

First Scenario : long positions above 2031.11 with targets at 2036.16, 2040.39 and 2045.03

Second Scenario : short positions below 2031.11 with targets at 2027.40, 2024.20 and 2020.10

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

Supports and resistances :

2045.03 **
2040.39 *
2036.16
2034.61 - Last price
2027.40
2024.20 *
2020.10 **

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


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