TradingView
tuahawaqar
Jun 15, 2022 10:06 PM

XAUUSD to continue downtrend Short

GoldOANDA

Description

Price just tested 200 MA in D1 time frame and this area is also a strong resistance in past, overall fundamentals also indicates strong USD combined with a strong barish engulfing candle just 2 cadles back. This all scenario indicates gold has not yet finished its bearish move and will further go bearish.

Sell XAUUSD around 1842.00 , TP: 1790.00 , SL: 1865.00

More