HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bearish

XAUUSD Is Possibly Bearish

Technical analysis

The RSI is below 50, pointing down

The Stochastics line is at 50.

Most likely scenario – SELL

Target prices: 1,757.95 1,744.99

Alternative scenario – BUY

Target prices: 1,767.13 1,779.63

Key levels

Support 1,757.95 1,744.99

Resistance 1,767.13 1,779.63


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