XAUUSD Forex Analysis for Today, Thursday(04-01-2024)
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Gold Aiming for 2038, Monitor the Resistance Area!
Analysis on XAUUSD – Prices appear to be pulling back to the Fibonacci resistance area after weakening following yesterday’s dollar strength.
Today’s Trading Strategy:
- SELL in the range of 2043.93-2052.32
- Target: 2038.75-2030.36
- Alternative:
- BUY STOP @2055.00
- Target: 2058.29-2065.89
Resistance Levels
- R1 2055.00
- R2 2058.29
- R3 2065.89
Support Levels
- S1 2043.93
- S2 2052.32
- S3 2038.75
- S4 2030.36
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