Technical Analysis (Gold) : XAU/USD 9 August 2024

9 August 2024 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 9 August 2024

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 August 2024

Momentum : Up

First Scenario : long positions above 2418.33 with targets at 2439.24, 2447.57 and 2458.84

Second Scenario : short positions below 2418.33 with targets at 2407.08, 2392.50 and 2380.70

Comment : There is no clear trend in the price movement.

Supports and resistances :

2458.84 **
2447.57 *
2439.24
2422.27 - Last price
2407.08
2392.50 *
2380.70 **

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


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