Contributors Technical Analysis XAUUSD Is Possibly Bullish

XAUUSD Is Possibly Bullish

Technical analysis

The CCI suggests a possible upwards correction

The price is above EMA(120) and EMA(24) which is advantageous for bulls.

Most likely scenario – BUY

Target prices: 1,763.29 1,765.01 1,766.94

Alternative scenario – SELL

Target prices: 1,760.80 1,758.99 1,756.62

Key levels

Support 1,760.80 1,758.99 1,756.62

Resistance 1,763.29 1,765.01 1,766.94

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version