ForecastCity_ME

Don't miss the great sell opportunity in XAUUSD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of down trend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Take Profits:
TP1= @ 2023
TP2= @ 2009
TP3= @ 1983
TP4= @ 1963
TP5= @ 1947

SL= Break above R2

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ForecastCity English Support Team ❤️
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Comments

good work! 👍
+2 Reply
ForecastCity_ME Josef_anderson
@Josef_anderson, Thank you
Reply
good
+1 Reply
@Kamryn, Thanks
Reply
A bunch of good information.👌
+1 Reply
@Sir_Ray, Thanks for your comment
Reply
Thanks a bunch!
+1 Reply
@Kristalyn, You're welcome
Reply
EXCELLENT ANALYSIS. KEEP IT UP BRO. GOD BLESS.
Reply
Good job! Its breakdown not breakup =)
Reply
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