HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bearish

XAUUSD Is Possibly Bearish

Technical analysis

The RSI is below level 50.

The Stochastics is near the oversold zone.

Most likely scenario – SELL

Target prices: 1,777.07 1,771.93

Alternative scenario – BUY

Target prices: 1,787.00 1,795.83

Key levels

Support 1,777.07 1,771.93

Resistance 1,787.00 1,795.83

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