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linofx1
May 18, 2023 10:28 PM

XAUUSD: BUY FROM SUPPORT ZONE 🐂 

GOLD (US$/OZ)TVC

Description

↪️ XAUUSD extends its bearish route, so far bottoming on Thursday at 1951, its lowest since April 3. The price is down for a third consecutive day and trades near the aforementioned low. XAU/USD is oversold in the near term. In the 4H chart, technical indicators stand at extreme levels, partially losing their bearish strength but without anticipating a potential bounce...Trade safe 👍✅
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