Technical Analysis (Gold) : XAU/USD 12 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 12 October 2023

Momentum : Up

First Scenario : long positions above 1874.78 with targets at 1884.90, 1890.00 and 1898.74

Second Scenario : short positions below 1874.78 with targets at 1865.41, 1852.60 and 1843.80

Comment : RSI - Bullish.

Supports and resistances :

1898.74 **
1890.00 *
1884.90
1879.11 - Last price
1865.41
1852.60 *
1843.80 **

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