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

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

Forex Technical Analysis : XAUUSD 5 February 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 February 2024

Momentum : Down

First Scenario : short positions below 2038.78 with targets at 2027.64, 2020.10 and 2012.20

Second Scenario : long positions above 2038.78 with targets at 2048.62, 2057.62 and 2065.60

Comment : RSI - Bearish.

Supports and resistances :

2065.60 **
2057.62 *
2048.62
2031.95 - Last price
2027.64
2020.10 *
2012.20 **

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


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