Technical Analysis (Gold) : XAU/USD 11 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 11 August 2023

Momentum : Down

First Scenario : short positions below 1915.60 with targets at 1910.60, 1902.20 and 1892.80

Second Scenario : long positions above 1915.60 with targets at 1921.67, 1927.57 and 1932.36

Comment : RSI - Bearish.

Supports and resistances :

1932.36 **
1927.57 *
1921.67
1913.36 - Last price
1910.60
1902.20 *
1892.80 **

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