XAUUSD Heading for 1600 levels at 2 years low

Oct 19, 2022

📉 Sell Gold - Bearish - We look to Sell at 1646.51

▪ The medium-term bias remains bearish.
▪ There is scope for mild buying at the open but gains should be limited.
▪ Prices are expected to stall near trend line resistance.
▪ We look to sell rallies.

Confidence: ⭐⭐⭐⭐⭐
⛔ Stop: 1655.37
🎯 Target 1: 1627.32
🎯 Target 2: 1610

Happy Trading!