XAUUSD Forex Analysis for Today, Wednesday (12-06-2024)

XAUUSD Forex Analysis for Today, Wednesday (12-06-2024)

XAUUSD Forex Analysis for Today, Wednesday (12-06-2024)

Explore Selling Opportunities for XAUUSD: Still Stuck at Resistance

XAUUSD Analysis

US Inflation Data and Fed Decision Awaited

Gold prices briefly rose but stalled as the market awaits US inflation data tonight, followed by the Fed’s interest rate decision.

Sell at Resistance Area

XAUUSD has risen but is still stuck at the resistance area. Selling opportunities can be sought in that resistance area.

Prediction: WEAK XAUUSD

Resistance Levels

  • R1 2325.40
  • R2 2309.55
  • R3 2332.03
  • R4 2342.05

Support Levels

  • S1 2314.01
  • S2 2325.40
  • S3 2304.81
  • S4 2297.10

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