XauUsd- Still in consolidation. What could be next?
מעודכן
After a strong 400-pip drop on Friday, which suggests that bears are still in control, 
XAUUSD reversed exactly at the minor ascending trend line.
However, after reaching the lower boundary of my sell zone, the price started to roll back down and tested the trend line once more during the overnight trading session.
A price break below 2320 would confirm the beginning of a new leg down and could lead to acceleration.
As explained in yesterday's post, 2285 could be the first target for bears, with a possible extension to the 2200 zone in the medium term.
My strategy remains to sell during rallies.
XAUUSD reversed exactly at the minor ascending trend line.However, after reaching the lower boundary of my sell zone, the price started to roll back down and tested the trend line once more during the overnight trading session.
A price break below 2320 would confirm the beginning of a new leg down and could lead to acceleration.
As explained in yesterday's post, 2285 could be the first target for bears, with a possible extension to the 2200 zone in the medium term.
My strategy remains to sell during rallies.
הערה
XauUsd has entered my sell zone once moreהערה
Genuine break?הערה
Clear break under support2285 is very probable this week
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.