XAUUSD Forex Analysis – Friday(22-12-2023)

XAUUSD Forex Analysis – Friday(22-12-2023)

Visit onlineforexafrica.com

XAUUSD Price Gap Up, Look for Buy Confirmation

XAUUSD Analysis – There is a potential continuation of the upward movement in XAUUSD. The H1 timeframe chart indicates a price gap up. Look for buying opportunities today.

Today’s Trading Strategy:

  • BUY at Range 2045.16 – 2039.05
  • Target: 2048.94 – 2055.05
  • Alternatives:
    • SELL STOP @2039.05
    • Target: 2034.70 – 2029.16

Resistance Levels

  • R1 2039.05
  • R2 2034.70
  • R3 2029.16

Support Levels

  • S1 2045.16
  • S2 2039.05
  • S3 2048.94
  • S4 2055.05

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. Exness 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Your email address will not be published.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 *