Technical Analysis (Gold) : XAU/USD 19 October 2023

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

Forex Technical Analysis : XAUUSD 19 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 19 October 2023

Momentum : Up

First Scenario : long positions above 1942.40 with targets at 1953.30, 1962.58 and 1972.23

Second Scenario : short positions below 1942.40 with targets at 1932.88, 1922.75 and 1913.60

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

Supports and resistances :

1972.23 **
1962.58 *
1953.30
1948.61 - Last price
1932.88
1922.75 *
1913.60 **

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


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