XAUUSD forex analysis for today, Friday(10-05-2024)

XAUUSD forex analysis for today, Friday(10-05-2024)

XAUUSD Showing Bullish Momentum, Look to Buy If It Breaks Resistance

Analysis XAUUSD

US Unemployment Claims Pressuring USD

Gold prices rose more than 1 percent yesterday after US unemployment claims data exceeded expectations, strengthening market optimism for a Fed interest rate cut this year.

Bullish Bias Today

Prices are rising and testing the resistance area. Buying opportunities can be sought if there is a breakthrough above the resistance area.



  • R1 2351.61
  • R2 2336.49
  • R3 2360.53
  • R4 2368.88


  • S1 2336.49
  • S2 2351.61
  • S3 2326.88
  • S4 2320.30

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