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

Forex Technical Analysis : XAUUSD (Gold)

Date : 8 October 2024

Momentum : Down

First Scenario : short positions below 2,648.66 with targets at 2,639.78, 2,633.80 and 2,628.92

Second Scenario : long positions above 2,648.66 with targets at 2,653.96, 2,659.66 and 2,666.03

Comment : The price movement is no clear trend.

Supports and resistances :

2,666.03 **
2,659.66 *
2,653.96
2,641.84 - Last price
2,639.78
2,633.80 *
2,628.92 **

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