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: 1,801.31 1,793.30


Alternative scenario – BUY

Target prices: 1,814.65 1,824.78


Key levels

Support 1,801.31 1,793.30

Resistance 1,814.65 1,824.78


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