XAUUSD forex analysis for today, Wednesday(24-04-2024)
Held by Resistance, Look for Selling Opportunities in XAUUSD Now! Daily XAUUSD Analysis Gold Stable, Decrease in Middle East Tensions Gold prices briefly strengthened after the announcement of US manufacturing data last night, but then moved relatively stable amid decreasing tensions in the Middle East after Iran stated not planning to retaliate against Israel’s missile and drone attacks. This reduces the attractiveness of gold as a safe-haven asset for the time being. Look for Sell Signals at Resistance Price is still held by 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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