Technical Analysis (Gold) : XAU/USD 22 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 22 August 2023

Momentum : Up

First Scenario : long positions above 1897.60 with targets at 1903.43, 1907.19 and 1911.59

Second Scenario : short positions below 1897.60 with targets at 1890.80, 1884.60 and 1876.80

Comment : RSI - Bullish.

Supports and resistances :

1911.59 **
1907.19 *
1903.43
1896.15 - Last price
1890.80
1884.60 *
1876.80 **

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