XAUUSD Forex Analysis for Today, Thursday(18-04-2024)

XAUUSD Forex Analysis for Today, Thursday(18-04-2024)

XAUUSD Forex Analysis for Today, Thursday(18-04-2024)

Check Buying Opportunities in XAUUSD NOW! Prices Corrected to Support

Daily Analysis of XAUUSD

Geopolitical Conditions Still Support Gold

Gold prices corrected last night, influenced by reduced expectations of a near-term Fed rate cut. Powell issued a statement indicating that interest rates may need to be kept slightly longer. However, geopolitical conditions in the Middle East amid the Iran versus Israel conflict are still holding back gold price declines.

Prices Corrected to Support

Prices corrected to the support area. Monitor this support area to seek confirmation of a buying signal.



  • R1 2358.58
  • R2 2351.51
  • R3 2384.80
  • R4 2395.10


  • S1 2351.51
  • S2 2358.58
  • S3 2340.90
  • S4 2330.89

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. XM broker 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Your email address will not be published.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 *