Today we are witnessing a decisive break of Gold (XAUUSD) below support in the form of MA200.
This can lead to even lower prices.
The indicators we use are also strongly bearish...
One indicator that is in favor of gold is the daily volume.
We have low volume on the drop, which can signal that this move might not continue for too long or that the real drop is yet to start.
Conditions for change
XAUUSD moving and closing above MA200 ($1798) invalidates this analysis.
Namaste.
This can lead to even lower prices.
The indicators we use are also strongly bearish...
One indicator that is in favor of gold is the daily volume.
We have low volume on the drop, which can signal that this move might not continue for too long or that the real drop is yet to start.
Conditions for change
XAUUSD moving and closing above MA200 ($1798) invalidates this analysis.
Namaste.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
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.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
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.