Technical Analysis (Gold) : XAU/USD 25 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 25 October 2023

Momentum : Up

First Scenario : long positions above 1970.30 with targets at 1980.90, 1988.68 and 2000.60

Second Scenario : short positions below 1970.30 with targets at 1962.58, 1953.40 and 1944.10

Comment : The price movement is no clear trend.

Supports and resistances :

2000.60 **
1988.68 *
1980.90
1975.79 - Last price
1962.58
1953.40 *
1944.10 **

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