XAUUSD Is Possibly Bullish

Technical analysis

The RSI is above level 50.

The Stochastics is at the overbought zone.

Most likely scenario – BUY

Target prices: 1,868.51 1,873.85

Alternative scenario – SELL

Target prices: 1,856.40 1,844.40

Key levels

Support 1,856.40 1,844.40

Resistance 1,868.51 1,873.85

November 16, 2021 at 12:14AM
OctaFX
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