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

Forex Technical Analysis : XAUUSD (Gold)

Date : 2 October 2023

Momentum : Down

First Scenario : short positions below 1845.40 with targets at 1834.98, 1830.60 and 1825.20

Second Scenario : long positions above 1845.40 with targets at 1850.27, 1857.40 and 1862.60

Comment : RSI - Downside momentum.

Supports and resistances :

1862.60 **
1857.40 *
1850.27
1839.64 - Last price
1834.98
1830.60 *
1825.20 **

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