XAUUSD Is Possibly Bearish

Technical analysis


The RSI is below 50, pointing down

The Stochastics line is at 50.


Most likely scenario – SELL


Target prices: 1,757.95 1,744.99


Alternative scenario – BUY


Target prices: 1,767.13 1,779.63

Key levels


Support 1,757.95 1,744.99

Resistance 1,767.13 1,779.63


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