Tradeshala

XAUUSD Heading for 1600 levels at 2 years low

FX:XAUUSD   Gold Spot / U.S. Dollar

πŸ“‰ Sell Gold - Bearish - We look to Sell at 1646.51

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

Confidence: ⭐⭐⭐⭐⭐
β›” Stop: 1655.37
🎯 Target 1: 1627.32
🎯 Target 2: 1610

Happy Trading!
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