Trend: Bearish (Sell strong)
Gold reduce 1.5%) in the present. XAUUSD has a strong impact on the EMA20, EMA50 &EMA10 in one day. This is recorded as the strongest decline in the past 1 month.
Significant reduction:
- Bearish Engulfing patterns has just confirmed on H4.
- RSI 14 is under 50.
Signal: SHORT.
Next resistance is 1279-1281 & 1255-1260.
Gold reduce 1.5%) in the present. XAUUSD has a strong impact on the EMA20, EMA50 &EMA10 in one day. This is recorded as the strongest decline in the past 1 month.
Significant reduction:
- Bearish Engulfing patterns has just confirmed on H4.
- RSI 14 is under 50.
Signal: SHORT.
Next resistance is 1279-1281 & 1255-1260.
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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.