XAUUSD Forex Analysis for Today, Friday (07-06-2024)

XAUUSD Forex Analysis for Today, Friday (07-06-2024)

XAUUSD Forex Analysis for Today, Friday (07-06-2024)

Targeting BUY XAUUSD Again! Rebound Testing Resistance

Analysis of XAUUSD

US Jobless Claims Increase

Gold prices surged to a two-week high after weaker US jobless claims data revived hopes for an interest rate cut this year. Today, the market will focus on the US non-farm payrolls data.

Buy If Resistance Breaks

XAUUSD rebounded and is retesting the resistance area. Buying opportunities can be considered if there is a breakout above this resistance area.


Resistance Levels

  • R1 2379.30
  • R2 2367.45
  • R3 2387.30
  • R4 2393.30

Support Levels

  • S1 2352.06
  • S2 2361.93
  • S3 2342.10
  • S4 2337.10

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *