Contributors Technical Analysis XAUUSD Is Possibly Bearish

XAUUSD Is Possibly Bearish

Technical analysis

The RSI is below 50

The Stochastics crossed the overbought zone and points downwards.

Most likely scenario – SELL

Target prices: 1,721.04 1,712.81

Alternative scenario – BUY

Target prices: 1,734.59 1,735.75

Key levels

Support 1,721.04 1,712.81

Resistance 1,734.59 1,735.75

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version