XAUUSD GOLD Potential Bearish Correction
We find a bearish retracement opportunity
Holding Period : 1-5 days
Major Trend : Bullish
Chart Time Frame: DAILY
Trade Type: Bearish Correction / Retracement
Price Target: ( By Murrey Math Calculations ) 2310 2283 2254 2236
Technical Indicators : MFI Divergence ( not comfirmed yet ) , Extreme Reversal Sniper Div ( Not cofirmed yet )
Fundamentals : Major trend is bullish for Gold. Reasons : Central Banks buy physical gold & Inflation hedge worries.
Holding Period : 1-5 days
Major Trend : Bullish
Chart Time Frame: DAILY
Trade Type: Bearish Correction / Retracement
Price Target: ( By Murrey Math Calculations ) 2310 2283 2254 2236
Technical Indicators : MFI Divergence ( not comfirmed yet ) , Extreme Reversal Sniper Div ( Not cofirmed yet )
Fundamentals : Major trend is bullish for Gold. Reasons : Central Banks buy physical gold & Inflation hedge worries.
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Selling the gold.