Technical Analysis (Gold) : XAU/USD 7 December 2023

7 December 2023 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 7 December 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 December 2023

Momentum : Up

First Scenario : long positions above 2020.00 with targets at 2034.95, 2041.24 and 2049.85

Second Scenario : short positions below 2020.00 with targets at 2009.78, 1998.61 and 1986.40

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

Supports and resistances :

2049.85 **
2041.24 *
2034.95
2026.69 - Last price
2009.78
1998.61 *
1986.40 **

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


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