XAUUSD Forex Analysis for Today, Thursday (27-06-2024)

XAUUSD Forex Analysis for Today, Thursday (27-06-2024)

XAUUSD Forex Analysis for Today, Thursday (27-06-2024)

Check Again for SELL Opportunities on XAUUSD: Moving Below the Trendline

XAUUSD Analysis

Gold Pressured by USD Strength

The price of gold is under pressure from the strengthening USD and rising US bond yields, while the market focuses on GDP data today and US inflation data tomorrow.

Moving Below Trendline Area

Prices are still moving below the downward trendline seen in the H1 timeframe. SELL opportunities can be found in that downward trendline area.

Prediction: WEAK XAUUSD


  • R1 2360.00
  • R2 2341.86
  • R3 2320.00
  • R4 2314.27


  • S1 2341.86
  • S2 2286.27
  • S3 2268.43
  • S4 2247.50

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