Technical Analysis (Gold) : XAU/USD 28 September 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 28 September 2023

Momentum : Down

First Scenario : short positions below 1878.24 with targets at 1871.10, 1865.63 and 1859.65

Second Scenario : long positions above 1878.24 with targets at 1880.82, 1884.60 and 1889.02

Comment : RSI - Downside momentum.

Supports and resistances :

1889.02 **
1884.60 *
1880.82
1874.72 - Last price
1871.10
1865.63 *
1859.65 **

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