Technical Analysis (Gold) : XAU/USD 5 August 2024
5 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 5 August 2024
Momentum : Down
First Scenario : short positions below 2434.50 with targets at 2413.87, 2404.10 and 2392.03
Second Scenario : long positions above 2434.50 with targets at 2452.35, 2465.33 and 2477.66
Comment : The price movement is no clear trend.
Supports and resistances :
2477.66 **
2465.33 *
2452.35
2430.34 - Last price
2413.87
2404.10 *
2392.03 **
Warning : This information is not a buy-sell signal.
