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

Forex Technical Analysis : XAUUSD (Gold)

Date : 9 October 2023

Momentum : Up

First Scenario : long positions above 1845.24 with targets at 1855.54, 1862.50 and 1867.29

Second Scenario : short positions below 1845.24 with targets at 1838.90, 1830.67 and 1825.11

Comment : RSI - Upside momentum.

Supports and resistances :

1867.29 **
1862.50 *
1855.54
1852.27 - Last price
1838.90
1830.67 *
1825.11 **

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