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XAUUSD Is Possibly Bullish

OctaFX
By OctaFX

Technical analysis

The RSI is at the overbought zone.

The Stochastics is at the overbought zone.

Most likely scenario – BUY

Target prices: 1,802.14 1,808.71

Alternative scenario – SELL

Target prices: 1,790.84 1,786.19

Key levels

Support 1,790.84 1,786.19

Resistance 1,802.14 1,808.71

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