XAU/USD has got a few more laps to complete inside the falling wedge, and being below the 200-day SMA is a strong indicator for the bearish continuation for the yellow metal.
A Bearish setup,
Sell stop - 1915.00
Take Profit - 1860.00
Trade with appropriate risk management.
A Bearish setup,
Sell stop - 1915.00
Take Profit - 1860.00
Trade with appropriate risk management.
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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.