#XAUUSD over time has seen some very good bullish run and I still hold a bias for the bullish potential however given the map market is currently showing, XAUUSD looks potentially bearish. This may likely be for the short term with immediate targets at the 2,875 zone. Before taking the short, I will love to see this current H4 candle close as a bearish candle.
Results are not typical, do your homework and make your decision yourself, past results does not guarantee future results
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Price is currently at 2,880. My take, do some partial close, lock down some profit by breaking even and ride the market. That said, we might see some slowing down of the bearish move at this point
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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.