Technical Analysis (Gold) : XAU/USD 27 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 27 October 2023

Momentum : Up

First Scenario : long positions above 1981.90 with targets at 1993.44, 2002.30 and 2010.80

Second Scenario : short positions below 1981.90 with targets at 1971.50, 1962.85 and 1953.40

Comment : RSI - Bullish.

Supports and resistances :

2010.80 **
2002.30 *
1993.44
1988.32 - Last price
1971.50
1962.85 *
1953.40 **

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