Reached new gold high at 2075.000. Price now entered strong downtrend on daily chart with lower lows and lower highs. Should price fail to break 1760.000 look for potential sell orders Sell - 1750.000 S/L - 1770.000 T/P 1660.000 - 1500.000 Sell - 1650.000 S/L - 1680.000 T/P - 1500 - 1450 This is my updated trend analysis for gold usd.
its highly bearish but lets be careful gold is crazy at times 😂
AVRZN
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@Flyingteigar, yes, very high bearish movement, price reached around 2000.000 in 2011 and 2020, and i am personally looking for a sell order towards the 1500.000 price
Monicaeq
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How accurate is the sell for xauusd?
AVRZN
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@Monicaeq, I will not claim any accuracy for this sell trade, these analysis are not signals,however a mental guiding process towards my sell bias