XAUUSD Is Possibly Bullish

Technical analysis


The RSI is slightly above 50

The Stochastic crossed the oversold zone, pointing up.


Most likely scenario – BUY


Target prices: 1,767.13 1,779.63

Alternative scenario – SELL


Target prices: 1,757.95 1,744.99


Key levels


Support 1,757.95 1,744.99

Resistance 1,767.13 1,779.63


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