XAUUSD Forex Analysis for Today – Friday(15-03-2024)
Opportunity to BUY XAUUSD NOW! Potential Triangle
Daily Analysis XAUUSD
US Inflation Data Pressures Gold
Gold prices corrected after US PPI data for February turned out to be higher than expected, dampening expectations that the Fed would accelerate interest rate cuts.
Potential Triangle Pattern
Gold prices corrected to the support area. There is potential for a symmetrical triangle pattern on the H1 time frame. Buying opportunities can be sought first in the support area or the lower line of the potential pattern.
Prediction: STRONG GOLD
Resistance
- R1 2164.58
- R2 2145.78
- R3 2170.35
- R4 2179.73
Support
- S1 2145.78
- S2 2164.58
- S3 2139.29
- S4 2128.23
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.
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast