Technical Analysis (Gold) : XAU/USD 5 December 2024

5 December 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 5 December 2024

Forex Technical Analysis : XAUUSD (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.


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