XAUUSD Is Possibly Bullish

Technical analysis

The RSI is below level 50 and headed upwards.

The Stochastics is above level 50 and headed upwards to overbought zone.

Most likely scenario – BUY

Target prices: 1,790.54 1,793.10

Alternative scenario – SELL

Target prices: 1,783.40 1,779.89

Key levels

Support 1,783.40 1,779.89

Resistance 1,790.54 1,793.10

December 13, 2021 at 11:51PM
OctaFX
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