XAUUSD Is Possibly Bullish

Technical analysis


The RSI is above level 50.

The Stochastics is near the overbought zone.



Most likely scenario – BUY


Target prices: 1,859.34 1,868.81


Alternative scenario – SELL


Target prices: 1,842.05 1,832.34


Key levels

Support 1,842.05 1,832.34

Resistance 1,859.34 1,868.81


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