XAUUSD Technical Analysis 11th December 2024 1h chart

Currently reading:
 XAUUSD Technical Analysis 11th December 2024 1h chart

Deadpool

Drainer :)
Staff member
Administrator
Crax Cloud
Amateur
LV
12
Joined
Nov 15, 2020
Threads
5,205
Likes
15,296
Awards
19
Credits
150,048©
Cash
9$
1733899607934


Tuesday Daily candle closed strong Bullish at 2693.600 as Bullish momentum continues and approaches the 2700s Key Level. I’ll be looking for potential Buys above 2695.500 targeting 15min Resistance formed on 25th November 2024 around 2702.500 Leaving Runners to the Weekly Resistance formed at 2713.000. I’ll be looking for potential Sells below 2687.500 targeting 30min previous Resistance formed at 2678.900 Leaving Runners to the 30min Support formed at 2671.400. Big day for the US Dollar! Core CPI m/m, CPI m/m, and CPI y/y data are set to release, followed by Crude Oil Inventories. Watch closely for volatility as these key indicators shape market direction!

 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Tips

Similar threads

Top Bottom