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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