5 December 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Date : 5 December 2024
Momentum : Up
First Scenario : long positions above 2,649.63 with targets at 2,658.25, 2,662.73 and 2,666.25
Second Scenario : short positions below 2,649.63 with targets at 2,644.74, 2,640.27 and 2,635.20
Comment : There is no clear trend in the price movement.
Supports and resistances :
2,666.25 **
2,662.73 *
2,658.25
2,650.03 - Last price
2,644.74
2,640.27 *
2,635.20 **
Warning : This information is not a buy-sell signal.