Technical Analysis (Gold) : XAU/USD 7 August 2024
7 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 7 August 2024
Momentum : Up
First Scenario : long positions above 2388.70 with targets at 2403.12, 2418.33 and 2439.24
Second Scenario : short positions below 2388.70 with targets at 2376.10, 2364.16 and 2352.80
Comment : There is no clear trend in the price movement.
Supports and resistances :
2439.24 **
2418.33 *
2403.12
2393.24 - Last price
2376.10
2364.16 *
2352.80 **
Warning : This information is not a buy-sell signal.
