HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bearish

XAUUSD Is Possibly Bearish

Technical analysis

The RSI is below level 50.

The Stochastics is below level 50.

Most likely scenario – SELL

Target prices: 1,782.13 1,778.11

Alternative scenario – BUY

Target prices: 1,791.63 1,795.16

Key levels

Support 1,782.13 1,778.11

Resistance 1,791.63 1,795.16

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