XAUUSD Forex Analysis for Today, Monday(25-03-2024)
CHECK BUY OPPORTUNITY for GOLD NOW! Price Re-tests Support
Daily Analysis XAUUSD
Gold Corrects Amidst USD Strength
Gold prices correct as the dollar strengthens. Previously, gold reached a new all-time high on Thursday, driven by the Fed’s plan to cut interest rates three times this year.
Price Re-tests Support
Prices are seen moving near the support area again on the H1 time frame. Monitor the support area to find buy signal confirmation.
Prediction: STRONG XAUUSD
Resistance
- R1 2163.51
- R2 2143.56
- R3 2171.39
- R4 2184.02
Support
- S1 2143.56
- S2 2163.51
- S3 2134.47
- S4 2120.11
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 South africa is not responsible for any losses that may arise from the use of this analysis.