XAUUSD Forex Analysis for Today, Tuesday(23-04-2024)
Price Reversal on XAUUSD! Look for SELL Opportunities Now!
Daily Analysis of XAUUSD
Easing Concerns Over Iran-Israel Conflict Impact
Gold prices experienced their largest daily decline in the past two years, as market concerns eased over the geopolitical impact of the Iran-Israel conflict. Additionally, the market continues to monitor signals from the Fed indicating no imminent interest rate cuts.
Find Sell Signals at Resistance
Gold prices broke through support, which then turned into resistance. Monitor the resistance area for sell signal confirmations.
Prediction: WEAK XAUUSD
Resistance
- R1 2340.87
- R2 2318.23
- R3 2353.29
- R4 2372.17
Support
- S1 2318.23
- S2 2340.87
- S3 2306.60
- S4 2280.27
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