💡 XAUUSD: Breaking 2040 failed
Updated
ANALYSIS TODAY: After failing to break the 2040 level, the price slid back down in the last session, the price is still in the down channel so the general expectation is still bearish for gold, the short-term target will be the 2000 level respectively. and 1980, these comments will only change when the price can break the current short-term falling channel line on H4.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
Indicator is used:
- Chandelier Exit
- EMA
- MACD
Note
GOING DOWNNote
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