XAUUSD Forex Analysis for Today – Tuesday (14-05-2024)

XAUUSD Forex Analysis for Today – Tuesday (14-05-2024)

XAUUSD Forex Analysis for Today – Tuesday (14-05-2024)


XAUUSD Correction Held at Support: Monitor BUY Opportunities Closely!

XAUUSD Analysis

Gold Corrected Due to Profit Taking

Gold prices corrected after profit-taking actions by investors, while the situation in Gaza remains tense following Israel’s attack on the Rafah area.

Correction Held at Support

The correction is held by the support area on the H1 time frame. Buying opportunities can be sought in this support area.


Resistance Levels

  • R1 2338.85
  • R2 2326.35
  • R3 2343.21
  • R4 2347.92

Support Levels

  • S1 2326.35
  • S2 2338.85
  • S3 2321.19
  • S4 2315.80

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Your email address will not be published.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 *