8 December 2023 Analysis (Technical Analysis)XAU/USD (Gold)
Date : 8 December 2023
Momentum : Up
First Scenario : long positions above 2020.00 with targets at 2034.00, 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 *
2034.00
2030.03 - Last price
2009.78
1998.61 *
1986.40 **
Warning : This information is not a buy-sell signal.