Technical Analysis (Gold) : XAU/USD 18 October 2023

18 October 2023 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 18 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 18 October 2023

Momentum : Up

First Scenario : long positions above 1931.56 with targets at 1942.69, 1947.27 and 1952.95

Second Scenario : short positions below 1931.56 with targets at 1922.75, 1913.60 and 1907.20

Comment : There is no clear trend in the price movement.

Supports and resistances :

1952.95 **
1947.27 *
1942.69
1937.32 - Last price
1922.75
1913.60 *
1907.20 **

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


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