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

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

Forex Technical Analysis : XAUUSD 5 November 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 5 November 2024

Momentum : Up

First Scenario : long positions above 2,731.97 with targets at 2,739.72, 2,748.22 and 2,757.73

Second Scenario : short positions below 2,731.97 with targets at 2,724.76, 2,717.10 and 2,712.01

Comment : There is no clear trend in the price movement.

Supports and resistances :

2,757.73 **
2,748.22 *
2,739.72
2,738.96 - Last price
2,724.76
2,717.10 *
2,712.01 **

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


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