XAUUSD-06/20/2023
Preferred direction: SELL
Comment: The more short-term situation for the metal has changed and now most likely we should expect the price to recover to the resistance of 1981.680. Sales with a high degree of probability will be thrown out of the market, and it is precisely due to them that the instrument will be able to reach the specified target (1981.680). Stop Loss can be safely placed under the support level of 1938.915, in which case it will be possible to re-enter.
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Comment: The more short-term situation for the metal has changed and now most likely we should expect the price to recover to the resistance of 1981.680. Sales with a high degree of probability will be thrown out of the market, and it is precisely due to them that the instrument will be able to reach the specified target (1981.680). Stop Loss can be safely placed under the support level of 1938.915, in which case it will be possible to re-enter.
Thank you for like and share your views!
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