Technical Analysis (Gold) : XAU/USD 6 February 2024

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

Forex Technical Analysis : XAUUSD 6 February 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 6 February 2024

Momentum : Up

First Scenario : long positions above 2020.20 with targets at 2031.48, 2037.56 and 2042.67

Second Scenario : short positions below 2020.20 with targets at 2014.60, 2011.00 and 2007.18

Comment : RSI - Bullish divergence.

Supports and resistances :

2042.67 **
2037.56 *
2031.48
2029.09 - Last price
2014.60
2011.00 *
2007.18 **

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


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