XAUUSD Forex Analysis for Today, Tuesday (25-06-2024)
XAUUSD Still Has SELL Opportunities: Potential Bearish Flag!
XAUUSD Analysis
Market Awaits Consumer Data
Gold prices are moving relatively stable as the market awaits today’s CB Consumer Confidence data. The market is also anticipating US housing data and GDP to be released this week, which are generally expected to improve.
Potential Bearish Flag
Prices still have sell potential as a bearish flag begins to form on the H1 time frame.
Prediction: WEAK XAUUSD
Resistance
- R1 2360.00
- R2 2354.30
- R3 2332.25
- R4 2330.91
Support
- S1 2354.50
- S2 2307.63
- S3 2288.01
- S4 2269.88
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