Short

XAUUSD SELL

Aktualisiert
XAUUSD currently has a score of -7, or a Strong Sell rating after adding up all categories.

First, let's look at what institutional traders are buying/selling. We can see that the Gold has a long percentage of 59.04%, and we see that the USD has a long percentage of 72%. This category receives a -1, as institutional traders favor the Gold.
Taking a look at seasonality, we get a score of -1. What this tells us is that based on historical data, this market tends to fall during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of -2.

Finally, let's look at fundamentals. The index saw lower GDP growth, inflation was higher than the previous report, unemployment was lower this month, and interest rates are lower than the last time.
Trade ist aktiv
Initial sell

Entry : 1639.91
SL : 1649.85
Trade wurde manuell geschlossen
Scratched trade, buyers are still to active

I will retry this sell at a higher price
Trade geschlossen: Ziel wurde erreicht
Target reached

Will see this week if I can find a new entry to sell it again
Anmerkung
SOLD again

Entry : 1634.79
SL : 1649.78

Very wide SL because I want to keep my position over night
Trade wurde manuell geschlossen
closed all positions, too volatile
Candlestick AnalysisCommoditiesFundamental Analysisfundamental-analysisSeasonalityseasonality-trading

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