8 August 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Date : 8 August 2025
Momentum : Up
First Scenario : long positions above 3,393.81 with targets at 3,408.47, 3,417.84 and 3,428.38
Second Scenario : short positions below 3,393.81 with targets at 3,381.04, 3,371.43 and 3,358.25
Comment : There is no clear trend in the price movement.
Supports and resistances :
3,428.38 **
3,417.84 *
3,408.47
3,398.63 - Last price
3,381.04
3,371.43 *
3,358.25 **
Warning : This information is not a buy-sell signal.