ForecastCity

Don't miss the great sell opportunity in XAUUSD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of down trend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Take Profits:
TP1= @ 2023
TP2= @ 2009
TP3= @ 1983
TP4= @ 1963
TP5= @ 1947

SL= Break above R2

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ForecastCity English Support Team ❤️
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Comments

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Thank you!
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, We're so happy for you.
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+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks for your comment.
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ForecastCity bayottradingview
@bayottradingview, Thanks. we're glad you like it.
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ForecastCity e164ad5ede744ac09296fc21773174
@e164ad5ede744ac09296fc21773174, Thanks. we're glad you like it. 💎🙏💎
+1 Reply
Thanks bro for your information 👌
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ForecastCity chrisobinnae
@chrisobinnae, You're most welcome!
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