On #XAUUSD 4-hour chart, curve T3 and simple moving averages (ma10, ma20 and ma50) have turned their directions to negative.. It is likely that the price will go down.. I expect a structure as I mentioned in the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
NASDAQ:XAU
ONS GOLD DAILY CHART HAS BEARISH OUTLOOK.
TAKING SHORT POSITION MAKES SENSE 2 ME.
PLEASE CONSIDER YOUR RISK AND MARGIN PROPERLY.
THIS IS NOT AN INVESTING ADVICE, JUST MY THOUGHTS.
GOOD TRADES 2 EVERY1 OF U.
A drop to 1546 price seems likely. But the price was reasonable in any case. Long positions up to 1573 price can be considered unless they fall below the 1540 price.
