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gold xauusd is in downword we can take sell positions for some time as it almost touches the EMA200 and again going downwords .
Key Observations:
Downtrend Channel Breakout:
The price was previously in a descending channel (marked in blue).
A breakout to the upside occurred, signaling a potential reversal or retracement.
200 EMA Resistance (Blue Line at...
Xauusd "Gold" is bullish in long term but in short tem it will be more downward and short positions are strong we have to trade accordingly. As it has break the trend line and make some candles in downward so we have to take proper entry for short time.
Wait for a confirmed breakout/breakdown before committing to larger positions. Scalping is viable if price...
What do you think about GBPUSD
It has broke the trend and in my observation it will be more downward
**Trend Direction (EMA 200):**
- The price (1.25756) is trading **below** the 200-period Exponential Moving Average (EMA), suggesting a **bearish bias**. The EMA likely acts as dynamic resistance near 1.26131 or higher, reinforcing the downtrend.
**Critical...
As traders awaiting for breakout
1. **Trend & EMA (200):**
- The **200-period EMA** (Exponential Moving Average) is plotted, acting as dynamic support/resistance.
- Price hovering near the EMA suggests a potential inflection point. A sustained break above could signal bullish momentum, while a drop below may indicate bearish pressure.
2. **Key...
1. **Current Price & Movement:**
- Gold is trading at **2,861.880 USD**, down **0.53%** (-15.290) in the past hour.
- Short-term bearish momentum is evident, but key support/resistance levels should be monitored for trend confirmation.
2. **EMA (200, close) Analysis:**
- The listed EMA values (2,954.172 to 2,861.880) are descending, indicating a...
