Gold Spot / U.S. Dollar

Short

💡 XAUUSD: Strong selling pressure

Updated

ANALYSIS TODAY: Retested the 2040 resistance zone in the last session but the selling pressure returned once again. Currently, the price is still in the short-term down channel so the assessment has not changed, continuing to expect the price to go down in the short term. , the targets are around 2000 and 1980 respectively.

Indicator is used:
- Chandelier Exit
- EMA
- MACD

Note

💡 XAUUSD: Retest the lower resistance zone

Related publications

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💡 XAUUSD: Breaking 2040 failed

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