Technical Analysis (Gold) : XAU/USD 5 January 2024
5 January 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 5 January 2024
Momentum : Down
First Scenario : short positions below 2048.81 with targets at 2042.35, 2039.60 and 2036.03
Second Scenario : long positions above 2048.81 with targets at 2055.00, 2058.09 and 2062.09
Comment : The price movement is no clear trend.
Supports and resistances :
2062.09 **
2058.09 *
2055.00
2044.16 - Last price
2042.35
2039.60 *
2036.03 **
Warning : This information is not a buy-sell signal.
