XAU/USD (Be Cautiously Bearish)

I am Slight Bearish.

The weekly bar is an insight bar of the week prior. Now we have 1288 to 1293 region as a good support region. If the price ever goes there, you will need to watch out closely as it may hold well.
At the same time, the market can swing up to $1,313 until it meets a decent resistant again.

Overall, I am still leaning toward bearishness but we also need to agree that they are not that bearish anymore.


DYODD and Trade Safe
s0nic



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Kommentar:

As expected, it is proven that $1,288 is holding well.
You shouldn't so bearish anymore.