ragnarokedeh
XAUUSD : Key Points - The current XAUUSD (gold vs. USD) trade shows a bearish trend, with prices around $3,291.56, down 0.79%. - Technical indicators suggest selling, with support levels at $3,285–$3,280 and resistance at $3,307. - Upcoming US PCE data at 1:30 PM WAT today could impact prices; lower inflation may boost gold, higher may pressure it. - Consider a...
### Key Points - It seems likely that selling XAUUSD (gold vs. USD) at the current price is a good strategy, given the chart shows resistance at 3,333.105. - Research suggests setting a take profit (TP) at 3,240.424 and a stop loss (SL) at 3,360.000 for a favorable risk-reward ratio. - The evidence leans toward a short-term bearish outlook, but longer-term trends...