XAUUSD Is Possibly Bearish

Technical analysis

The RSI is below level 50.

The Stochastics is below level 50.



Most likely scenario – SELL

Target prices: 1,851.30 1,832.34


Alternative scenario – BUY

Target prices: 1,862.66 1,868.81


Key levels

Support 1,851.30 1,832.34

Resistance 1,862.66 1,868.81



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