Technical Analysis (Gold) : XAU/USD 2 November 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 November 2023

Momentum : Up

First Scenario : long positions above 1982.37 with targets at 1988.23, 1992.71 and 1997.36

Second Scenario : short positions below 1982.37 with targets at 1978.70, 1974.80 and 1969.69

Comment : RSI - Bullish.

Supports and resistances :

1997.36 **
1992.71 *
1988.23
1985.11 - Last price
1978.70
1974.80 *
1969.69 **

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