Technical Analysis (Gold) : XAU/USD 17 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 17 August 2023

Momentum : Down

First Scenario : short positions below 1895.90 with targets at 1889.20, 1885.40 and 1880.82

Second Scenario : long positions above 1895.90 with targets at 1899.90, 1905.31 and 1911.59

Comment : RSI - Bearish.

Supports and resistances :

1911.59 **
1905.31 *
1899.90
1892.69 - Last price
1889.20
1885.40 *
1880.82 **

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