XAUUSD Forex Analysis for Today, Thursday (28-12-2023)

XAUUSD Forex Analysis for Today, Thursday (28-12-2023)

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XAUUSD Surge Toward Level 2100

XAUUSD Analysis – XAUUSD potential upward movement. From the H1 timeframe chart, it has successfully broken the upperline of an ascending triangle pattern. XAUUSD has the potential to continue its upward movement today.

Today’s Trading Strategy:

  • Buy at Range 2071.00 – 2068.00
  • Target: 2084.00 – 2100.00
  • Alternatives:
    • Sell Stop @2064.00
    • Target: 2056.00 – 2048.00

Resistance Levels:

  • R1 2064.00
  • R2 2056.00
  • R3 2048.00

Support Levels:

  • S1 2071.00
  • S2 2068.00
  • S3 2084.00
  • S4 2100.00
JustMarkets

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 is not responsible for any losses that may arise from the use of this analysis.


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