HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bullish

XAUUSD Is Possibly Bullish

Technical analysis

The RSI is above level 50.

The Stochastics left the oversold zone and headed upwards to level 50.

Most likely scenario – BUY

Target prices: 1,813.54 1,824.81

Alternative scenario – SELL

Target prices: 1,799.99 1,791.54

Key levels

Support 1,799.99 1,791.54

Resistance 1,813.54 1,824.81

 

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