XAUUSD is bearish, and the nearest target is 1880. Another meaningful support line would be 1853.215 for the zone 1840.
It is a corrective wave so there might be a bullish motivation in the trend, -some monitoring will be required just in case for any spikes.
*I had to take out my indicators for a moment, they were taking too much space :)
Many pips to you...
K.
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
It is a corrective wave so there might be a bullish motivation in the trend, -some monitoring will be required just in case for any spikes.
*I had to take out my indicators for a moment, they were taking too much space :)
Many pips to you...
K.
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Trade closed: target reached:
Who wants to lose on a Friday, come on now :)