HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bearish

XAUUSD Is Possibly Bearish

Technical analysis

The RSI is at the overbought zone
The Stochastics is at the overbought zone

Most likely scenario – SELL

Target prices: 1,771.54 1,762.34

Alternative scenario – BUY

Target prices: 1,781.77 1,791.57

Key levels

Support 1,771.54 1,762.34

Resistance 1,781.77 1,791.57

Octa
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