XAUUSD Forex Analysis – Friday(15-03-2024)

XAUUSD Forex Analysis – Friday(15-03-2024)

XAUUSD Forex Analysis for Today – Friday(15-03-2024)

Opportunity to BUY XAUUSD NOW! Potential Triangle

Daily Analysis XAUUSD

US Inflation Data Pressures Gold

Gold prices corrected after US PPI data for February turned out to be higher than expected, dampening expectations that the Fed would accelerate interest rate cuts.

Potential Triangle Pattern

Gold prices corrected to the support area. There is potential for a symmetrical triangle pattern on the H1 time frame. Buying opportunities can be sought first in the support area or the lower line of the potential pattern.

Prediction: STRONG GOLD


  • R1 2164.58
  • R2 2145.78
  • R3 2170.35
  • R4 2179.73


  • S1 2145.78
  • S2 2164.58
  • S3 2139.29
  • S4 2128.23

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