Still in Bearish trend!

FX:XAUUSD1D

Gold/U.S. DollarFXCM

Description

⋅ Oct 11, 2020 1:14 PM

Not trading advice. Trade on your own risk.

Trend Analysis

Comments

shadyarn

⋅ Oct 11, 2020 1:19 PM

What makes you thinks its a bearish trend if i may ask?

MalinPetkov

⋅ Oct 11, 2020 1:24 PM

@shadyarn, Is a deep correction of the Bull trend! W1 and MN are giving a clear sell signal. The zone 1940 is a Fibonacci retracement to 61.8 from a daily perspective.