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: 1,819.78 1,811.46


Alternative scenario – BUY


Target prices: 1,829.60 1,835.00


Key levels

Support 1,819.78 1,811.46

Resistance 1,829.60 1,835.00


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