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Wealth_Barometer
Dec 11, 2023 9:32 AM

XAUUSD: Still in a downward trend, Sell resistance at the top Short

GoldOANDA

Description

Gold continues to fall today, and it cannot be stopped at all. The weak downward trend, directly enter the market and go short. The current price of 1998 is short, and it continues to be bearish!

On the golden hour chart, the weak Yin is falling. The latest pressure is the Bollinger Band. Each new downward wave is trending. Generally, a small rebound will directly continue to new lows. If there is no long Yang, there will be no turning back. If there is no long Yin, it will continue to fall. ! If the trend is weak and negative, go short immediately!

The power of the bears has not yet ended, and it will continue to head towards new lows! The lower support is near 1970! Empty, the current price of the European market is directly empty!

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Today's high bearish strategy was very correct, we closed with profit from Sell@1996 in 1982, the profit was very good, congratulations to everyone

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Comments
mehdimosalae
How do you see gold today ?
AlbrightXAU
Great analysis mate
jasontaylor7
"The current price of 1998 is short, and it continues to be bearish!"

Seems the price was 1993 when you published this, though.
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