Technical Analysis (Gold) : XAU/USD 7 October 2024

7 October 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 7 October 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 October 2024

Momentum : Down

First Scenario : short positions below 2648.88 with targets at 2640.90, 2632.00 and 2624.54

Second Scenario : long positions above 2648.88 with targets at 2653.85, 2662.10 and 2670.14

Comment : The price movement is no clear trend.

Supports and resistances :

2670.14 **
2662.10 *
2653.85
2643.18 - Last price
2640.90
2632.00 *
2624.54 **

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


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