Technical Analysis (Gold) : XAU/USD 31 October 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 31 October 2023

Momentum : Up

First Scenario : long positions above 1989.94 with targets at 1997.36, 2002.65 and 2009.42

Second Scenario : short positions below 1989.94 with targets at 1982.40, 1976.70 and 1971.50

Comment : Price - Bullish.

Supports and resistances :

2009.42 **
2002.65 *
1997.36
1993.34 - Last price
1982.40
1976.70 *
1971.50 **

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