XAUUSD Is Possibly Bearish

Technical analysis

The RSI is above level 50 and headed downwards.

The Stochastics left the overbought zone and headed downwards to level 50.

Most likely scenario – SELL

Target prices: 1,790.84 1,786.19

Alternative scenario – BUY

Target prices: 1,795.12 1,802.14

Key levels

Support 1,790.84 1,786.19

Resistance 1,795.12 1,802.14

November 25, 2021 at 07:28PM
OctaFX
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