XAUUSD Forex Analysis for Today – Thursday (07-03-2024)
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Opportunity to BUY XAUUSD Again! Achieves Record High Prices
Daily XAUUSD Analysis
Fed Interest Rate Cut Rumors Continue to Drive Gold
Gold prices continue to rally and once again reach record high prices, driven by extraordinary momentum largely attributed to rumors of interest rate cuts by the Fed.
Buy Opportunity If Resistance is Broken
Gold prices hit the highest price for two consecutive days. Breaking above the resistance area will reopen buying opportunities.
Prediction: STRONG GOLD
Resistance Levels
- R1: 2158.68
- R2: 2108.81
- R3: 2180.37
- R4: 2208.56
Support Levels
- S1: 2108.81
- S2: 2158.68
- S3: 2088.22
- S4: 2057.30
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