XAUUSD Forex Analysis for Today – Monday(11-03-2024)
Search for Another BUY Opportunity, XAUUSD Still in Rally
Daily XAUUSD Analysis
Gold Remains Strong
Gold prices continue to reach new highs after the expectation that the Fed will cut interest rates faster than anticipated.
Bullish Rally Still Ongoing
Gold prices are still moving in a bullish rally. Breaking above the resistance area will open up another buying opportunity.
Prediction: STRONG GOLD
Resistance
- R1 2197.71
- R2 2183.18
- R3 2204.85
- R4 2214.02
Support
- S1 2143.10
- S2 2166.74
- S3 2133.23
- S4 2110.42
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