XAUUSD Forex Analysis for Today, Thursday(28-03-2024)

XAUUSD Forex Analysis for Today, Thursday(28-03-2024)

XAUUSD Forex Analysis for Today, Thursday(28-03-2024)

Still Able to Purchase XAUUSD Now! Potential Triangle Breakout

Daily Analysis XAUUSD

Gold Price Rises, Waiting for Key Inflation Data

Gold prices rose on Wednesday, with market participants awaiting key US inflation data later this week, which could provide clues about Fed policy. The US Personal Consumption Expenditures Price Index (PCE) for February will be released on Friday. If inflation remains under control, gold prices will rise.

Potential Triangle Breakout

Held at support and there is potential for a triangle breakout on the H1 timeframe to continue its uptrend. Look for buying opportunities again at the nearest support area before continuing its trend.



  • R1 2183.79
  • R2 2173.08
  • R3 2194.59
  • R4 2200.22


  • S1 2173.08
  • S2 2183.79
  • S3 2166.92
  • S4 2160.30

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.

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