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