Confirmation of the continue of the selling side. Ready for SELL

20. Aug.

✏️ As analyzed yesterday, XAUUSD has decreased when looking for selling momentum and target zone 1 has been reached when touching the support zone 3312. This price decrease will soon reach 3285 soon but need to pay a little attention to the statement of FOMC. SELL strategy is the most optimal strategy at the moment for Gold. BUY point must wait for confirmation around 3385 from buyers who want to participate in the market.

📉 Key Levels

• SELL trigger: retest resistance 3330 with price rejection from sellers
  
• SELL DCA trigger: break support zone 3312
  

Leave your comments on the idea. I am happy to read your views.

20. Aug.

Trade ist aktiv

Price is approaching the resistance zone, let's wait and see the reaction of the sellers in this zone and set uptins SELL signal to 3285

20. Aug.

Trade geschlossen: Stop wurde erreicht

The analysis signal was wrong in the trend. Gold is back above 33.

24. Aug.

Anmerkung