XAUUSD Forex Analysis for Today, Tuesday (02-07-2024)

XAUUSD Forex Analysis for Today, Tuesday (02-07-2024)

XAUUSD Forex Analysis for Today, Tuesday (02-07-2024)

Check SELL Opportunity for XAUUSD, Still Held at Resistance!

Analysis XAUUSD

Market Awaits US Employment Data

Gold prices are relatively stable as the market starts to focus on US employment data this week, which is believed to provide further clues regarding the Federal Reserve’s plans for interest rate cuts.

Still Held at Resistance

Gold prices are still held in the resistance area visible on the H1 time frame. Selling opportunities can be considered in this resistance area.

Prediction: Weak XAUUSD


  • R1 2360.00
  • R2 2354.19
  • R3 2350.00
  • R4 2337.62


  • S1 2354.19
  • S2 2320.00
  • S3 2306.90
  • S4 2294.61

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