XAUUSD Forex Analysis for Today, Monday(22-04-2024)
Still Can Look for BUY XAUUSD, Still Held at Support
Daily Analysis of XAUUSD
Market Still Monitors Iran-Israel Conflict
The strengthening of gold prices is held back by hawkish comments from Fed officials, but increased tension in the Middle East, especially due to the Iran-Israel conflict, may still strengthen safe-haven assets like gold.
Monitor Support Area
Gold prices are held at the support area, still can look for buying opportunities in the support area today. Monitor the nearest support area to find confirmation of 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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