XAUUSD Is Possibly Bullish

Technical analysis

The RSI crossed the oversold zone and now pointing upwards

The Stochastics is at the oversold zone.

Most likely scenario – BUY

Target prices: 1,755.56 1,764.20

Alternative scenario – SELL

Target prices: 1,747.78 1,737.40

Key levels

Support 1,747.78 1,737.40

Resistance 1,755.56 1,764.20

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