Contributors Technical Analysis XAUUSD Is Possibly Bullish

XAUUSD Is Possibly Bullish

Technical analysis

The RSI is above level 50.

The RSI is at the overbought zone.

Most likely scenario – BUY

Target prices: 1,786.14 1,788.41

Alternative scenario – SELL

Target prices: 1,780.47 1,776.38

Key levels

Support 1,780.47 1,776.38

Resistance 1,786.14 1,788.41

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