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🌉XAUUSD broke the trendline on the daily chart and almost reached the support area. The -DI crossed down +DI on ADX and Momentum also fell below 100.0, which makes a fall to 161.8 Fibonacci possible.
#TradeIdea
We consider selling XAUUSD ONLY ❕ if it consolidates below 2850;
Target: 2810;
🌉XAUUSD broke the trendline on the daily chart and almost reached the support area. The -DI crossed down +DI on ADX and Momentum also fell below 100.0, which makes a fall to 161.8 Fibonacci possible.
#TradeIdea
We consider selling XAUUSD ONLY ❕ if it consolidates below 2850;
Target: 2810;
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.