XAUUSD- End of gold's growth cycle
Aktualisiert
Currently, gold has created a clear downward trend reversal
Please be patient and wait until it hits the above trend and then sell
Forex is easy to make money if your reason overrides your emotions ✊
Wishing you all a peaceful and lucky new week
downward trend
Support indicator: Decline
Technical analysis: down
📍Personal opinion: Reduced
- As I commented last week. Gold plunged beyond its 2000 forecast zone to $1,994 per ounce.
- Gold has completely exited the accumulation zone, with bearish information ahead of the FOMC meeting, highlighting the continued downside risk for gold prices.
-The trader can prefer selling at the current price range today or from 2010 he can wait for a safer sell zone in 2016.
Please be patient and wait until it hits the above trend and then sell
Forex is easy to make money if your reason overrides your emotions ✊
Wishing you all a peaceful and lucky new week
downward trend
Support indicator: Decline
Technical analysis: down
📍Personal opinion: Reduced
- As I commented last week. Gold plunged beyond its 2000 forecast zone to $1,994 per ounce.
- Gold has completely exited the accumulation zone, with bearish information ahead of the FOMC meeting, highlighting the continued downside risk for gold prices.
-The trader can prefer selling at the current price range today or from 2010 he can wait for a safer sell zone in 2016.
Anmerkung
OLD last night fell to the 197x area just as I predicted. As for the current Price Frame, Gold is still on the selling side. But in Small Frames like M15>M30, there are slight Buy Signs.At this stage, I will also buy up to the price 1988>1990 to sell again.
Today's trend is still on the Sell side. I will Buy Gold at the Price Above to Watch for Selling from 1992>1994
SL 1996
TP 1984>197x>195x.
Tonight there is news that CPI is very strong. It's very possible that Gold will decrease to 195x, everyone
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