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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