Technical Analysis (Gold) : XAU/USD 13 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 13 October 2023

Momentum : Down

First Scenario : short positions below 1878.72 with targets at 1872.00, 1865.41 and 1852.60

Second Scenario : long positions above 1878.72 with targets at 1885.06, 1890.00 and 1898.74

Comment : Price - Bearish.

Supports and resistances :

1898.74 **
1890.00 *
1885.06
1876.94 - Last price
1872.00
1865.41 *
1852.60 **

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