XAUUSD Is Possibly Bullish

Technical analysis

The RSI(14), the RSI(3) and the CCI point to a possible upwards correction.

The Ichimoku indicator displays a prevailing downtrend.

Most likely scenario – BUY

Target prices: 1,755 1,758

Alternative scenario – SELL

Target prices: 1,749 1,745

Key levels

Support 1,755 1,758

Resistance 1,749 1,745

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