Technical Analysis (Gold) : XAU/USD 8 July 2024

8 July 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 8 July 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 July 2024

Momentum : Down

First Scenario : short positions below 2384.10 with targets at 2374.96, 2368.74 and 2361.87

Second Scenario : long positions above 2384.10 with targets at 2392.91, 2397.39 and 2404.65

Comment : RSI - Bearish divergence.

Supports and resistances :

2404.65 **
2397.39 *
2392.91
2380.65 - Last price
2374.96
2368.74 *
2361.87 **

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


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