XAUUSD Forex Analysis for Today, Monday(27-05-2024)

XAUUSD Forex Analysis for Today, Monday(27-05-2024)

XAUUSD Forex Analysis for Today, Monday(27-05-2024)


XAUUSD Still Under Pressure, Sell If Support Breaks

XAUUSD Analysis

USD Strengthens Due to Fed Sentiment

USD strengthened last week due to sentiment that the Fed will hold interest rates at higher levels for a little longer.

Sell Opportunities If Support Breaks

Gold prices continue to be under pressure and are testing the support area. Sell opportunities can be sought again if there is a break below the support.


Resistance Levels:

  • R1 2379.73
  • R2 2352.98
  • R3 2397.04
  • R4 2409.14

Support Levels:

  • S1 2325.25
  • S2 2352.98
  • S3 2307.76
  • S4 2292.70

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Your email address will not be published.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 *