XAUUSD Forex Analysis for Today, Friday(19-04-2024)

XAUUSD Forex Analysis for Today, Friday(19-04-2024)

XAUUSD Forex Analysis for Today, Friday(19-04-2024)

Search for BUY Opportunities in XAUUSD, Monitor Support Area

Daily Analysis of XAUUSD

Geopolitical Tensions in the Middle East Still Support Gold

Gold prices continue to gain strength from the lingering tensions in the Middle East. Israel, so far, has signaled that they will still respond to Iran’s attacks, despite pressure from Western countries to restrain.

Monitor Support Area

Gold prices rebounded, still seeking buying opportunities in the support area today. Keep an eye on the nearest support area to confirm buy signals.

Prediction: STRONG XAUUSD

Resistance

  • R1 2358.58
  • R2 2351.51
  • R3 2384.80
  • R4 2395.10

Support

  • S1 2351.51
  • S2 2358.58
  • S3 2340.90
  • S4 2330.89
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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.


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