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HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bullish

XAUUSD Is Possibly Bullish

Octa
By Octa

Technical analysis

The RSI(14), the RSI(3) and the CCI point to a possible upwards correction.

The Ichimoku indicator displays a prevailing downtrend.

Most likely scenario – BUY

Target prices: 1,755 1,758

Alternative scenario – SELL

Target prices: 1,749 1,745

Key levels

Support 1,755 1,758

Resistance 1,749 1,745

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

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