Technical Analysis (Gold) : XAU/USD 1 November 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 1 November 2023

Momentum : Down

First Scenario : short positions below 1982.40 with targets at 1971.50, 1967.90 and 1962.85

Second Scenario : long positions above 1982.40 with targets at 1986.72, 1990.30 and 1993.44

Comment : RSI - Bearish.

Supports and resistances :

1993.44 **
1990.30 *
1986.72
1979.20 - Last price
1971.50
1967.90 *
1962.85 **

Warning : This information is not a buy-sell signal.