Technical Analysis (Gold) : XAU/USD 9 November 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 November 2023

Momentum : Down

First Scenario : short positions below 1956.30 with targets at 1944.10, 1938.10 and 1934.20

Second Scenario : long positions above 1956.30 with targets at 1961.30, 1966.67 and 1971.05

Comment : RSI - Bearish.

Supports and resistances :

1971.05 **
1966.67 *
1961.30
1949.09 - Last price
1944.10
1938.10 *
1934.20 **

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