Reason Behind teh XAUUSD/GOLD Fall
1. RSI 14 Below 50 which tends the bearish trend in 1H time frame
2. Stochastic oscillator is overbought and ready to move down which confirm teh fall again
3. Strongly breaked 1820 which is last week low which pushes lower to teh montly Low oof 1800
Over Possible Outcomes
XAUUSD SELL @ 1813.70
Sl 1920
tp 1800
1. RSI 14 Below 50 which tends the bearish trend in 1H time frame
2. Stochastic oscillator is overbought and ready to move down which confirm teh fall again
3. Strongly breaked 1820 which is last week low which pushes lower to teh montly Low oof 1800
Over Possible Outcomes
XAUUSD SELL @ 1813.70
Sl 1920
tp 1800
Trade closed manually
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.
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.