XAUUSD Outlook!
XAUUSD could not overcome the 61.8 Fibonacci level and bounced and is currently falling, breaking through the 2035 level. However, the RSI is near the 30 level, signaling oversold conditions.
If the price breaks the support level of 2022, we can expect a fall to the level of 2012
But if the bulls push the price up, the target will be 2035
XAUUSD could not overcome the 61.8 Fibonacci level and bounced and is currently falling, breaking through the 2035 level. However, the RSI is near the 30 level, signaling oversold conditions.
If the price breaks the support level of 2022, we can expect a fall to the level of 2012
But if the bulls push the price up, the target will be 2035
Trade closed manually:
please colse this trade now