- XAUUSD is currently showing strong signs of decline, making it favorable for selling.
- Wait for a potential retracement back to the resistance zone around 1978 - 198x to consider entering a SELL order.
- If the price does not experience a significant recovery, there is a high probability that the bearish momentum will continue towards the support level at 1959 - 1951.
- Wait for a potential retracement back to the resistance zone around 1978 - 198x to consider entering a SELL order.
- If the price does not experience a significant recovery, there is a high probability that the bearish momentum will continue towards the support level at 1959 - 1951.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.