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    HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bullish

    XAUUSD Is Possibly Bullish

    Technical analysis

    The RSI crossed the oversold zone and now pointing upwards

    The Stochastics is at the oversold zone.

    Most likely scenario – BUY

    Target prices: 1,755.56 1,764.20

    Alternative scenario – SELL

    Target prices: 1,747.78 1,737.40

    Key levels

    Support 1,747.78 1,737.40

    Resistance 1,755.56 1,764.20

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    Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

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